Why are public companies facing shareholder proposals on topics related to board gender diversity?
Because the numbers just don’t add up.
Women are rising to the highest levels of government in many countries, advancing to executive ranks at top corporations,
At Company XYZ, we are completely committed to having a diverse and inclusive workforce. Really. We aren’t just saying that.
CGLytics’ second annual S&P 500 report... titled ‘Do 2020 trends foretell the future?... examines diversity at the top levels of S&P 500 companies, noting that investors are increasingly focused on diversity, particularly around gender and race.
Research has shown that firms with more women in senior positions are more profitable, more socially responsible, and provide safer, higher-quality customer experiences — among many other benefits. And of course, there is a clear moral argument
NEW YORK, March 18, 2021 /PRNewswire/ -- Palladium Equity Partners, LLC, a middle market private equity firm with nearly $3 billion in assets under management, today reported on its ongoing commitment to diversity, as one of the private equity industry's oldest minority-owned firms.
...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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