Archive for June, 2013

Partnerships at Work – Featuring Walden Asset Management

Thirty Percent Coalition: The article highlights the partnership between the Thirty Percent Coalition and Walden Asset Management in addressing the lack of gender diversity in the boardroom. Read more.

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Status of Women Ministers Affirm Commitment to End Violence, Encourage Women’s Leadership

Sacramento Bee 06/19/2013:  The 31st annual meeting of the  Federal-Provincial-Territorial (FPT) Ministers Responsible for the Status of Women was held Morell, Prince Edward Island, on June 18 and 19, 2013. Ministers discussed ways to promote women's leadership and end violence against women and girls. Their first meeting was in 1981 ...

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Thirty percent coalition pens a pointed letter

Thirty Percent Coalition 2Q2013: The article highlights efforts by the institutional investor members of the Thirty Percent Coalition in the United States to put pressure on Russell 1000 companies without any female board members to take action as a matter both of good governance and better performance. Read the article here.  

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Time for ‘action’ on corporate diversity, Status of Women Minister Ambrose says

The Globe and Mail 06/10/2013: Canadian Status of Women Minister Rona Ambrose is urging the new committee of business executives studying women on boards to develop "action-oriented recommendations for the government to immediately act on." The 25 members of the advisory committee include Weyerhaeuser Co. Ltd. president Anne Giardini, Linamar Corp. chief executive ...

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Spencer Stuart reception celebrates the placement of 1,000 women in corporate boards around the world

06/06/2013: Consulting firm, Spencer Stuart, has helped place 1,000 female directors to corporate boards. Read more.

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European Parliament Looking to Boost Ranks of Women on Boards of Listed Companies

06/05/2013:  In 2012, 13.7 percent of directors in corporate boards across the European Union were female, 15% of non-executive directors were women and the rate of women entering boards has been increasing at 0.6%. The European Parliament Committee on Legal Affairs and the Committee on Women's Rights and Gender Equality are ...

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Snoozing Boards Can Stunt Your Stocks

06/05/2013: The article highlights the lack of diversity in boards across industries in the United States, but points specifically at board tenure as a big obstacle for women and minorities. More than 25% of all board seats in the U.S. are held by men with at least 10 years worth ...

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‘Market failure’ in Canada’s gender board diversity

Financial Post 06/03/2013: Research by TD Economics concludes that Canada's slow  progress in gender board diversity points to “market failure.”  Canada's market is dominated by resource extraction and smaller sized firms which traditionally have low representation from women and today may be preventing more women from entering Canada's workforce. Read more.

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Female directorship totals ‘shock’ minister

Winnipeg Free Press 06/03/2013: Of the 40 publicly traded companies in Manitoba, Canada only six percent of corporate directorship positions are occupied by women. This is almost half the Canadian national average of 10-13%. Labour Minister Jennifer Howard commented, "I found that number alarming and a bit shocking, actuallyI think ...

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Female company directors are better judges of longer-term company performance, research shows

06/07/2013: “Groundbreaking research by the University of Exeter Business School reveals that female company directors defy negative gender stereotyping by astutely valuing future company performance. The stock market responds more positively to trades made by male directors in their own company stock than their female counterparts, new research reveals. However, over the ...

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