It would influence the company in positive way and thereby helps in improving performance. Since there will be availability of more alternatives along with evaluation of their consequences, it will lead to improved process of decision-making. There could be better understanding of markets with gender diversity as market is itself regarded as diverse in gender terms, and could increase innovativeness and creativity. Discussion: Identifying relationship between gender diversity and business performances: The association of gender diversity with improved business performances is explained by the theoretical reasons. In today’s global business environment, with volatile worldwide capital markets and eroded investor confidence in corporate accountability, the demand for effective corporate governance and ethical conduct in ensuring reliable financial information is higher than before. This report intends to provide Woolworth with views on importance of gender diversity on business performances and recommendations on initiating gender diversity policy. Colleges and universities play an important role in training competent and ethical future academic and business leaders. It has been ascertained that in recent years, performance of firms and share of women on board of directors has received attention. Gender diversity at board is the key to successful and better corporate governance ( Crane and Matten 2016 ). According to organizational level, there is a variation in gender diversity and identification of information relating to gender balance in the entity is essential. Woolworths being listed on Australians stock exchange is one of the companies seeking to address the issues related to gender diversity. Corporate governance professional is entitled to frame the gender diversity policy and how it helps organization in improving their performance. 13ģ CORPORATE GOVERNANCE AND ETHICS Introduction: The report is prepared to assess the gender diversity evidence on the board of company and its association with improved business performance. 8 Explanation of examples of corporate governance failure and malpractices in relation to their benefits. 8 Benefits of adopting corporate code of ethics.

3 Recommendations on initiating gender diversity policy for board of Woolworths. 3 Identifying relationship between gender diversity and business performances. 1 CORPORATE GOVERNANCE AND ETHICS Table of Contents Part A.

Corporate governance and ethics pdf