Reporting Regimes, Targets, and Quotas for Women in Leadership
Reporting regimes, targets, and quotas have been implemented in several countries as ways to increase female representation in leadership. In three studies we analyze the effectiveness of these strategies, and their properties, from a goal setting perspective.
Study 1 evaluates the impact of reporting regimes on female representation in boards of directors with data from 181 Fortune 500 companies. Study 2 analyzes the impact of reporting regimes, targets and quotas on the representation of women in boards of directors of public companies across 91 countries. Study 3 evaluates the impact of quotas for women in list of candidates and reserved seats for parliaments across 190 nations. Reporting regimens by themselves might not be effective enough to increase female representation in boards of directors of public companies. Setting higher goals for female representation and using stronger enforcement mechanisms, both in boards of directors and in legislative bodies, leads to higher representation.