Resolutions passed in the Legislature often prompt a roll of the eyes because they lack the power of the law. But here’s one that has come to haunt the boys in the boardroom: a 2015 resolution sponsored by Senator Karen Spilka and Representative Patricia Haddad calling for more women on boards.
Legislation that aimed to diversify corporate boards in Illinois passed during the final days of the General Assembly’s spring legislative session, but was stripped of a key provision that would have mandated minority representation.
SEOUL - A year after Qatar Airways boss’ remark that a woman could not do his job drew scathing criticism, airline executives called out the industry for paying only “lip service” to diversity and not pushing to get more women out of cabins and into boardrooms.
As the U.S. annual shareholder meeting season is coming to an end, we review the characteristics of newly appointed directors to reveal trends director in nominations. As of May 30, 2019, ISS has profiled the boards of 2,175 Russell 3000 companies (including the boards of 401 members of the S&P 500) with a general meeting of shareholders during the year. These figures represent approximately 75 percent of
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...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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