Archive for March, 2016

Australia: AICD Gender Diversity Progress Report

March 2016. The Australian Institute of Company Directors (AICD) recently issued its quarterly report on its campaign to achieve 30% female representation on ASX200 boards by 2018.  CEO John Brogden noted that in the past twelve months, ASX 200 companies have moved from 19.4% with a 27% appointment rate to 21.7% ...

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MSCI Report: Women on Boards: Global Trends in Diversity on Corporate Boards

MSCI Study (November 2015): Women on Boards: Global Trends in Diversity on Corporate Boards Many global asset owners and other institutional investors are increasingly focused on the gender composition of company boards. This MSCI ESG Research report shows that companies in the MSCI World Index with strong female leadership generated a ...

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A Conversation with SEC Chair Mary Jo White

January 2016. In the final question of this recent interview, SEC Chairman Mary Jo White addressed the lack of gender diversity on boards.  She has instructed her staff to review the current proxy disclosure requirements to determine “whether additional guidance or rulemaking is needed.” Read the speech here.

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Breaking Down the Gender Challenge

March 2016. Corporate ambitions to achieve gender parity often produce scattershot initiatives. It’s easy to see why: gender parity is a huge undertaking, with many dimensions in which executives must reimagine their zone and culture, put in place multiyear plans, add infrastructure, and improve services. McKinsey's latest research suggests that leaders ...

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Gender Diversity on Boards: The Future Is Almost Here

March 2016. In their Corporate Governance column, David A. Katz and Laura A. McIntosh write that a combination of regulatory, legislative, and investor-driven efforts is likely to accelerate the progress that has been made to date toward greater gender diversity and perhaps, one day, gender parity, on public company boards. Read ...

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WSJ Special Coverage: Women in the Workplace

Why aren’t there more women in the upper ranks of corporate America? A major new study by LeanIn.Org and McKinsey & Co reveals that despite some progress, women are still underrepresented at every level in corporations, and that they face a playing field that they believe is anything but level. ...

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Women May Not Reach Boardroom Parity for 40 Years, GAO Says

January 2016. Women, who make up half the American workforce, may be 40 years or more from parity with men on U.S. corporate boards, the U.S. Government Accountability Office said in a new report. About 23 percent of open seats in the Standard & Poor’s 1500 Index went to women in 2014, ...

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H.R.4718 – The Gender Diversity in Corporate Leadership Act of 2016

This bill directs the Securities and Exchange Commission (SEC) to establish a Gender Diversity Advisory Group, composed of government, academic, and private sector representatives, to study strategies to increase gender diversity among the members of the boards of directors of issuers. The Securities Exchange Act of 1934 is amended to direct ...

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Female Executives Aren’t Making it Into the Boardroom

March 2016. According to a Wall Street Journal blog post, female C-Suite executives are selected less often then men for board seats. Read about it here (behind a pay wall).

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Icahn, Loeb and Other Activists Overlook Women for Board Seats

March 2016. A recent Bloomberg article reports that Icahn and other corporate activists have ignored women in naming directors to boards - "Carl Icahn has nominated 42 people to fill 94 board seats at public companies ranging from EBay Inc. to Herbalife Ltd. in the past five years. Not a single ...

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