Archive for December, 2012

Catalyst Corporate Board Resource

The Catalyst Corporate Board Resource aims to increase stagnate gender diversity on boards by creating a searchable resource bank of qualified female candidates recommended by member CEO's. Read more.

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Women still lag on boards, executive positions at Wisconsin’s top public companies

12/03/2012: Milwaukee Women inc's recent report revealed that the percentage of women occupying board seats for Wisconsin's top 50 public companies remained at 14.4%, the percentage of women executives dropped to 11.2%, and only 3 of 20 new board directors appointed through September are women. Read more.

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Texas’ Corporate Boards Harbor Few Women

12/07/2012: "More than half of the boards of directors at Texas’ publicly traded companies lack even a single woman, according to a report by the corporate governance firm GMI Ratings. That figure—52 percent to be exact—represents the lowest share of female board representation for the 19 states with at least ...

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For Women Executives, Still Lonely at the Top

12/14/2012: Catalyst's recent 2012 Census of female board directors revealed that women's representation on corporate US boards had changed little for the 7th year in a row, with the percentage currently at only 16.6%.  In contrast, Norway has gone from 7.1% in 2002 to the current 42%.  A large reason ...

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Women Business Leaders in Indonesia Are Key: Tourism Minister

12/08/2012: Tourism and Creative Economy Minister Mari Elka Pangestu said that while the Gender Diversity Report puts Indonesia's percentage of female directors and commissioners at a region-impressive 11.6%, further progress needs to be made, especially as 40% of the companies studied did not have a single woman on either board.  She ...

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Hong Kong business lacking female executives, says Sian Westerman

12/10/2012: Though Hong Kong Exchanges and Clearing recently proposed to require companies to provide a reason if their boards do not reflect gender diversity, Hong Kong lags far behind Britain.  Following the Davies report two years ago, London's percentage of women on the FTSE-100 companies has risen from 12.5% to 17.3% (Hong ...

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Women still underrepresented at top corporate levels

11/23/2012: A recent study by McKinsey & Company found that although progress is happening, women are still underrepresented in senior positions in corporations.  The exact percentages vary wildly across the globe, from the US's 15% on corporate boards to Norway's 35% to Japan's 2% (with percentages on executive committees for ...

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More female board directors add up to improved sustainability performance

Science Codex 11/19/2012: McElhaney and Mobasseri's study, "Women Create A Sustainable Future," examined the ESG (environmental, social, and governance) performance of Fortune 1500 companies.  They found that companies with at least one woman on their board were more likely to have improved sustainability practices.  At least three female board members ...

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Diversity = Downside Protection

12/14/2012: Gladman discusses several studies on the effects of diversity and gender, including the recent study conducted by the Santa Clara University which found that small-cap US firms whose boards contained at least one woman were 40% less likely to restate their financials, and a 2008 study which found that ...

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WCD’s Global Nominating Commission

Women Corporate Directors 12/11/12: The Women Corporate Directors (WCD) Global Institute has launched a series of new iniatives aimed at increasing gender diversity in boardrooms all over the world. The high level team, the WCD's Global Nominating Commission,  includes top board nominating chairs, committee members and CEOs, with about 40 members ...

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