Determinants of women's participation in corporate governance in Kenya
Corporate scandals in recent times provide evidence that all is not well at the top of corporate entities. In seeking solutions to the current sense of crisis in corporate governance, there is a risk that regulation, policies and procedures are emphasized, and a checklist compliance approach prevails when the real issue is creating governance effective leadership that will build and maximize shareholder wealth. Board configuration should be discussed in the context of the percei -ed needs of the board as a strategic resource of the organization and that in bringing partic.ilar perspectives resulting from their professional, ethnic or gender backgrounds, directors contribute to board effectiveness. The gendered dimensions or current governance reforms have not been given appropriate consideration; yet there are gender specific capacity failures in most institutions (United Nations, 2005). The general objective of this study was to analyze the determinants of women's participation in corporate governance. The study was conducted in Nairobi, Kenya, and the study considered all the 52 publicly listed companies in Kenya at the Nairobi Stock Exchange. The target population was all women directors in companies listed on the Nairobi Stock Exchange.