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      The importance of diversity on boards of directors’ effectiveness and its impact on innovativeness in the bioeconomy

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          Abstract

          A company’s board of directors plays a critical role in making decisions relating to strategy, high-level structure, and the appointment of the CEO. The role of the board and its impact on corporate performance has been well studied; however, the diversity of the board of directors and the corresponding correlation to the level of corporate innovativeness has not been previously investigated. Here, we provide a critical analysis of board members’ diversity as it relates to innovative corporations in what is considered a mature industry in transition to a bioeconomy: the pulp and paper industry. Our findings contribute to the body of knowledge on the role of board member diversity in shaping company culture and how that drives, shapes, and sustains innovation.

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          Women in the boardroom and their impact on governance and performance☆

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            Size and Composition of Corporate Boards of Directors: The Organization and its Environment

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              Women Directors on Corporate Boards: A Review and Research Agenda

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                Author and article information

                Journal
                Humanities and Social Sciences Communications
                Humanit Soc Sci Commun
                Springer Science and Business Media LLC
                2662-9992
                December 2020
                October 06 2020
                December 2020
                : 7
                : 1
                Article
                10.1057/s41599-020-00605-9
                419794f2-2633-4ede-b293-54070c65f754
                © 2020

                https://creativecommons.org/licenses/by/4.0

                https://creativecommons.org/licenses/by/4.0

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