Diversity on Corporate Boards as a Multi-dimensional and Multi-level Phenomenon: From Duality to Unity of Theoretical and Practical Perspectives

This work reviews theoretical and empirical advancement in the field of diversity and corporate governance since 2012. The aim is to present an update from the review published in the Sage Handbook of Corporate Governance in 2012. While 10 years ago, board diversity was mostly referring to women on corporate boards both the corporate landscape and academic literature have changed significantly since. Not only have boards become more diverse since but our understanding of diversity is continuously expanding. This chapter discusses the many advances in the field and proposes directions for future research.