Diligent Corporation, a leading modern governance company used by nearly 700,000 board directors and leaders, today introduced “Modern Leadership” an initiative to provide senior leaders with the resources, insights, partnerships, and technology they need to further catalyze diversity in their organizations and modernize governance.
The new dynamic today for corporate boards is to consider the benefit of employees and communities in addition to their shareholders. It is important to remember that the board of directors' primary role is
Like many, I am horrified by the videos showing the death of George Floyd, saddened and shaken by the knowledge that such a thing can happen in America today, and hopeful that momentum will continue and lead to positive change.
Influenced by state legislation as well as the efforts of institutional investors and other diversity advocates, companies have been adding more diverse directors to their boards than ever before. In 2019, a record 59 percent of the directors added to the boards of S&P 500 companies were
any CEOs who make gender diversity a priority—by setting aspirational goals for the proportion of women in leadership roles, insisting on diverse slates of candidates for senior positions, and developing mentoring and training programs—are frustrated. They and their
...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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