Board diversity and, by extension, board composition, is one of the top corporate governance topics to be discussed each proxy season. While the most recent Spencer Stuart Board Index indicates that the rate of change of
Washington, DC, November 19, 2019
Today, the U.S. House of Representatives passed H.R. 5084, the Improving Corporate Governance Through Diversity Act of 2019, a bill that requires public companies to
As boards seek to improve their effectiveness and consider how best to carry out their oversight role amid rapid change and shifting expectations, diversity—of skills, background, and experience—must be top of mind. Institutional investors and other stakeholders, including employees and customers, continue to focus
“In 2003, 50 of the largest 100 public companies in Massachusetts had no women on their boards of directors, and women held only 74 of the 822 total board seats. 56 of the 100 companies had no women executive officers. In this 2019 Census, women comprise a
HARTFORD, CT ― Today, Connecticut State Treasurer Shawn T. Wooden
, along with institutional investors from states across the region, announced the Northeast Investors’ Diversity
...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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