ABSTRACT
Corporate boards are essential bodies for governance and management and their efficiency determines the company's performance. The board is a crucial element of the corporate governance structure and its efficiency and performance determines the success of monitoring and the operation of the company. The discussion on women's participation in business inevitably needs to refer to their presence on corporate boards. It is also a reliable indicator of gender equality advancement and policy adopted by countries and companies. In spite of the various global, regional and country-level interventions, the progress in improving the gender diversity of the boards has been a hot debate in recent years. Equal representation of women and men at every level of economic, political and social life is vital for inclusive growth and sustainable development, because gender equality has a multiplier effect across all development areas. Women's participation on corporate boards increases firms' ESG disclosure and favourably influences the ESG-firm's performance relationship.
