CBRC
Are Corporate Boards Ready for Change?
Modeling the dynamics of diversity in the governing bodies of corporations.
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Latest work
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Not all countries are ready for the EU Directive on Corporate Board Diversity
The European Parliament in 2022 enacted the Gender Balance on Corporate Boards Directive, a measure that stated that, by June 2026, large listed companies must achieve at least 40% representation of the underrepresented gender on supervisory boards and 33% among all directors. Our analysis of European listed companies using 2024 BoardEx data reveals a stark…
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[Upcoming paper] The dynamics of diversity on corporate boards
How important is the structure of the connections between firms to achieve more gender representation in corporate boards? In this upcoming paper, Raddant and Karimi create a model that tests, based on the influence of homophily on the selection of new board members, the time it will take boards to achieve parity assuming some different…
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Not all countries are ready for the EU Directive on Corporate Board Diversity
The European Parliament in 2022 enacted the Gender Balance on Corporate Boards Directive, a measure that stated that, by June 2026, large listed companies must achieve at least 40% representation of the underrepresented gender on supervisory boards and 33% among all directors. Our analysis of European listed companies using 2024 BoardEx data reveals a stark…
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[Upcoming paper] The dynamics of diversity on corporate boards
How important is the structure of the connections between firms to achieve more gender representation in corporate boards? In this upcoming paper, Raddant and Karimi create a model that tests, based on the influence of homophily on the selection of new board members, the time it will take boards to achieve parity assuming some different…
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About us
CBRC is a interdisciplinary research project that merges computational social science with corporate finance to understand and model diversity dynamics on corporate boards. It aims to identify the mechanisms that influence the amount of diversity and the effect that it has on the governance of the boards.
We analyze corporate boards in the EU and Japan.
Start date: 01 Jun 2025
Founding body: Austrian Science Fund (FWF)
Keywords:
Corporate Boards, Gender, Firm Networks, Diversity, Corporate Governance, Sustainability
Key Research Questions
Current State Assessment
What is the current state of corporate board diversity across different regions and sectors?
Determinants of Diversity
Which factors determine corporate board diversity, and how do personal networks influence appointments?
Network Interactions
What are the important interaction effects in networks of corporate boards regarding diversity diffusion?
Dynamic Modeling
How can we model corporate board dynamics in networked environments over time?
Policy Interventions
How can we simulate and predict effects of interventions and policies on board diversity?
Performance Links
How is board diversity related to profitability, sustainability, and overall corporate performance?
Research Team
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Latest work
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Not all countries are ready for the EU Directive on Corporate Board Diversity
The European Parliament in 2022 enacted the Gender Balance on Corporate Boards Directive, a measure that stated that, by June 2026, large listed companies must achieve at least 40% representation of the underrepresented gender on supervisory boards and 33% among all directors. Our analysis of European listed companies using 2024 BoardEx data reveals a stark…
-
[Upcoming paper] The dynamics of diversity on corporate boards
How important is the structure of the connections between firms to achieve more gender representation in corporate boards? In this upcoming paper, Raddant and Karimi create a model that tests, based on the influence of homophily on the selection of new board members, the time it will take boards to achieve parity assuming some different…
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-
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Not all countries are ready for the EU Directive on Corporate Board Diversity
The European Parliament in 2022 enacted the Gender Balance on Corporate Boards Directive, a measure that stated that, by June 2026, large listed companies must achieve at least 40% representation of the underrepresented gender on supervisory boards and 33% among all directors. Our analysis of European listed companies using 2024 BoardEx data reveals a stark…
-
[Upcoming paper] The dynamics of diversity on corporate boards
How important is the structure of the connections between firms to achieve more gender representation in corporate boards? In this upcoming paper, Raddant and Karimi create a model that tests, based on the influence of homophily on the selection of new board members, the time it will take boards to achieve parity assuming some different…
-
About us
CBRC is a interdisciplinary research project that merges computational social science with corporate finance to understand and model diversity dynamics on corporate boards. It aims to identify the mechanisms that influence the amount of diversity and the effect that it has on the governance of the boards.
We analyze corporate boards in the EU and Japan.
Start date: 01 Jun 2025
Founding body: Austrian Science Fund (FWF)
Keywords:
Corporate Boards, Gender, Firm Networks, Diversity, Corporate Governance, Sustainability
Key Research Questions
Current State Assessment
What is the current state of corporate board diversity across different regions and sectors?
Determinants of Diversity
Which factors determine corporate board diversity, and how do personal networks influence appointments?
Network Interactions
What are the important interaction effects in networks of corporate boards regarding diversity diffusion?
Dynamic Modeling
How can we model corporate board dynamics in networked environments over time?
Policy Interventions
How can we simulate and predict effects of interventions and policies on board diversity?
Performance Links
How is board diversity related to profitability, sustainability, and overall corporate performance?
Research Team
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![[Upcoming paper] The dynamics of diversity on corporate boards](https://cbrc.sai.tugraz.at/wp-content/uploads/sites/42/2025/09/dynamica_diversity.png)
