“Diversity Disclosure Initiative” led by Thirty Percent Coalition members Illinois State Treasurer Michael Frerichs and Connecticut State Treasurer Shawn Wooden.
- In the News
S&P 500 corporate boards lack diversity
but these top companies are leading change — and the stock market rewards them
quality shareholders’ understand that a wide variety of backgrounds makes a business better
- In the News
SEC finalizes Rule 14a-8 reforms
Final measure drops momentum requirement for shareholder votes
In a split-decision, the SEC last week approved changes to the shareholder proposal process that have sparked thousands of comment letters and widespread concern among investors.
Remarks at the Council of Institutional Investors Fall 2020 Conference
Recent events have triggered an unprecedented national conversation on racial injustice that also highlights the urgency of ensuring diverse perspectives and representation at all levels of decision-making in our country.
...we find that banks with more gender diversity on their board perform better once the composition of these boards reaches a critical level of gender diversity, corresponding to a board female share of around 13-17 percent.
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