Archive for October, 2012

Board rooms still mostly filled with men

San Francisco Chronicle 10/27/2012: With women representing only 21% of new board members of companies on Standard & Poor's 500 stock index and an even lower 16% of directors, the US ranks 11th among industrialized countries according to GMI Ratings.  While 45% of male directors claim the reason for the ...

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Brussels drops women board quotas plan

Financial Times 10/23/12:  Publicly traded companies in Brussels are no longer legally obligated to meet a 40% quota of women on their boards. The quota is now treated as an objective for companies to meet. The original proposal, by EU's Justice Commissioner Viviane Reding, stated that companies that did not ...

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EU Said to Loosen Female Board Rule in Bid For Support

Bloomberg 10/23/12: The European Union plans to set a 40 percent quota for women on company supervisory boards by 2020, stalled after EU commissioners failed to agree on the measures at a meeting today. Read more.

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More women on boards, but equality still elusive

ST Jobs 10/13/12: The good news is that more women sat on the boards of Singapore's listed companies last year than a year earlier. But the bad news is the snail's pace of female appointments to boards suggests that boardroom gender equality here is an elusive goal. A recent report found ...

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Roadshow tomorrow in KK on women directors programme

Daily Express 10/14/2012: On October 15, the Non-Aligned Movement Institute for the Empowerment of Women held the "Roadshow on Women Directors Programme" in Sabah.  The Women Directors Programme's goal is to train 200 women by December in order to prepare more women for directorship positions in Malaysian public-listed companies, and the purpose ...

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Women gain more seats on Philadelphia-area boards, but the numbers are still low

Inquirer 10/16/12: Women are commanding an increasing proportion of seats on the boards of Philadelphia's largest publicly traded corporations, but the numbers are still limited and more than one in three companies in the region have no women on their boards. "The seats are becoming increasingly diverse," said Tara Weiner, managing ...

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Speech by EC Vice President Viviane Reding before European Parliament and National Parliaments on “Turning Gender Equality into Reality: from the Treaty of Rome to the Quota Debate”

10/03/2012: Vice President Reding previews possible legislation that she and the other EC economic commissioners plan to submit for requiring at least 40% of each gender on large, publicly traded company boards by the year 2020.  Reding defends the competency of the EU to adopt such legislation, and argues that the ...

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European Commission – Directorate-General for Justice Viviane Reding Mapping EU action on Gender Equality: from the Treaty of Rome to Quotas – speech at the Harvard Club Belgium

10/09/2012: "Gender diversity in the boardrooms of European companies is showing no signs of improvement. Across the EU, company boards are currently dominated by one gender: 86.5% of board members are men while women represent just 13.5%. 97.5% of the chairpersons are men and only 2.5% are women. If you ...

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Women at Work

Barrons 10/10/12: Reports from Credit Suisse, McKinsey and the Committee on Economic Development have found that companies with more women on their boards have higher returns on equity and higher net-income growth, amongst a variety of financial metrics. And yet, the number of women on boards has only gone up to ...

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Last call for board ready women

Financial Review 10/9/12: The Australian Institute of Company Directors has launched a board diversity scholarship program aimed at supporting an increase in the number of women on Australian boards. The scholarships are co-sponsored by the Australian government's Department of Families, Housing, Community Services and Indigenous Affairs. The Australian Minister for the ...

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