Courts decide California can't mandate corporate board diversity

May 18, 2022
But institutional investors, consumers and other stakeholders could continue to hold companies accountable.
Despite California courts striking down laws requiring diversity in corporate board rooms, many companies continue to make progress.
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Corporate boards became more diverse in 2021

Jan 4, 2022
Representation of women and people from underrepresented racial and ethnic groups increased significantly after 2020's pledges, data shows.
The number of directors from underrepresented racial and ethnic groups jumped by 25% last year, according to data from ISS Corporate Solutions.
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Why aren't corporate boards diversifying more quickly?

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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How boards can influence corporate diversity

May 20, 2021
Economist Dambisa Moyo on the evolving roles and responsibilities of corporate boards
Global economist Dambisa Moyo said corporate boards are "critical" in helping businesses adapt to the changing demands of the 21st century economy.
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California law says corporate boards must include women

Oct 1, 2018
Why Gov. Jerry Brown signed the first-of-its-kind legislation into law.
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A guide to the corporate board

Aug 15, 2018
Members of a company's governing body have a “fiduciary responsibility” — and are well-compensated for it.
Library of Congress

What the Fed's crackdown on Wells Fargo says about the future of financial regulation

Feb 5, 2018
Jerome Powell was sworn in as the new chairman of the Federal Reserve today. But it’s his predecessor, Janet Yellen, who’s making waves in the markets. Last Friday, in one of her last actions as Fed chair, Yellen slapped an unprecedented penalty on Wells Fargo. The bank can no longer grow larger until it makes […]

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