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Boardroom diversity

To boost gender diversity on corporate boards, investor pressure works

by Meghan McCarty Carino
Nov 23, 2022
The number of women directors at major companies increased 50% from 2016 to 2019, according to the National Bureau of Economic Research.
A study by the National Bureau of Economic Research suggests that major investment firms used their ownership clout to increase the number of women on corporate boards.
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Judge challenges a California law mandating diversity on corporate boards

by Lily Jamali
Apr 6, 2022
The law, which went into effect in 2020, required California-based companies to appoint directors from underrepresented communities.
The percentage of female directors on California boards doubled in the three years since the gender law passed, one researcher said.
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Race and Economy

Why aren't corporate boards diversifying more quickly?

by Meghan McCarty Carino
Jun 9, 2021
An new analysis of Fortune 500 companies finds that progress in diversifying corporate boards has been "painfully slow."
One challenge is that directors don’t tend to leave their board seats very often. Board members generally stick around for about a decade, said Yo-Jud Cheng, a business professor at the University of Virginia.
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Race and Economy

Addressing the boardroom diversity problem in the U.S.

by Sabri Ben-Achour and Daniel Shin
Mar 31, 2021
Take Your Seat CEO Jerusha Stewart on how barriers to networking contribute to a lack of diversity in corporate boardrooms.
Some studies suggest networking and lack of access to companies on a personal level is preventing many Black directors from getting noticed by boardrooms.
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Race and Economy

Goldman Sachs starts diverse board member policy for handling IPOs

by Kimberly Adams
Jul 1, 2020
The investment bank wants boards to include more people from chronically underrepresented groups.
Even with progress toward making boardrooms more diverse, women hold less than 18% of corporate board seats in the United States, according to Deloitte.
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