Diversity that exist within the workplace is becoming one of the important issue among other issues. Diversity is a something that is attention worth that will lead to things like workplace relationships between employees, personal improvement, and inclusion. Diversity also relates to the level of the distribution of heterogeneity within the group of workers in the corporation (Simons et al. 1999). So, a diversity does exist from the different composition of group of personals, in the context of corporation or organization will refer to workers (Kearney et al. 2009). The kind of diversity that is easily notice includes sex, race, educational level, gender, nationality, and age (Harrison and Klein 2007).
In most countries around the world,
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Corporate governance consists of stages of methods or ways in respect with the management, all shareholders (controlling and non-controlling), board of directors, and all the stakeholders involved in the corporate. One of the important part of corporate governance is board of directors. In an article, La Porta et al. (1997, 1998, 2002) stated that the legal laws of countries in the world are coming from the “Common Law” tradition that were found in Anglo-Saxon countries will prefer to give protection to the investors compared to the countries whose law coming from the “Civil Law”. The examples of Anglo-Saxon-Countries are U.S. and U.K. while for the Civil Law country are France, Germany, Japan, and Spain. The ownership of shares in Spain are way more concentrated compared to the U.S. and the U.K. In Spain, the 3 largest shareholders own about 51% of the total shares, in other side for the U.S. and the U.K. their shareholders only own about 20% and 19% (La Porta et al. 1998). For most of the company in the Spain they adapt the principles of Pyramid, where the holding company will take the top position on the pyramid and take control of lower position or we could say the subsidiary companies (Ballesta and Garcia-Meca,