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Cultural diversity and Indigenous participation on Australian corporate boards: Harder but better decisions

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  • Ashesha Weerasinghe
  • Larelle (Ellie) Chapple
  • Alexandra Williamson

Abstract

This study explores Indigenous Australians' participation on corporate boards. We confirm the significant under‐representation of Indigenous Australians on corporate boards. Using data collected from semi‐structured interviews with business leaders, we explore their perceptions of cultural diversity and pathways to directorships provided by corporate Australia for Indigenous Australians. Australian business leaders perceive the importance of cultural diversity (particularly in terms of its myriad benefits such as enhanced decision making), acknowledge the problem of limited diversity, and provide insights to improve diversity. Key pathways for Indigenous Australians include skills and experience, education and training, reputation, networking and organisational support.

Suggested Citation

  • Ashesha Weerasinghe & Larelle (Ellie) Chapple & Alexandra Williamson, 2024. "Cultural diversity and Indigenous participation on Australian corporate boards: Harder but better decisions," Accounting and Finance, Accounting and Finance Association of Australia and New Zealand, vol. 64(1), pages 221-246, March.
    • Handle: RePEc:bla:acctfi:v:64:y:2024:i:1:p:221-246
    DOI: 10.1111/acfi.13141
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    References listed on IDEAS

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