How women directors influence corporate governance and preformance

The structures within the corporate world have always been dominated by male figures of power. However, in the last decade, there has been some increases in the number of CEOs and directors of corporate boards that are women, thus helping to create gender diversity within the composition of the decision making entities. The importance of gender diversity has been found to be profound, increasing performance and success, and decreasing failures due to homogenous decision making processes that neglect various perspectives that would impact the direction that a company will take. Women have been shown to have a positive influence on a board, from aspects of participation such as attendance and dutiful diligence, to higher rates of pay for directors because of observable increases in