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Though more women are being invited to become directors, they are still under-represented on boards. This leading governance author and academic discusses why this is so and suggests a series of steps that would-be women directors can take to enhance their chances of being asked to sit on boards.

Most of the talk about better corporate governance has focused on the independence of directors and the separation of the CEO and chair. Not so, argue these authors, who point out that the most important factor is board process - how boards work and reach the decisions they do. Improving process will not only improve board governance but will prove that there really is a link between a board of directors and a firm's financial performance.