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3. WBL: Legal Framework, Entrepreneurship, The law prescribes a gender quota for corporate boards

WBL: Legal Framework, Entrepreneurship, The law prescribes a gender quota for corporate boards

The indicator assesses whether the law prescribes a mandatory gender quota for corporate boards. Score = 1 if the quota is 40% or higher; score = 0.5 if the quota is below 40% but greater than 0%, or if the law requires at least one woman on the board; score = 0 if there is no mandatory quota. For details, please refer to the WBL Methodology Handbook (link: https://wbl.worldbank.org/content/dam/sites/wbl/documents/2026/WBL-Methodology-Handbook-2026-FINAL.pdf)