16% of Corporate Board Members Say Racial and Gender Diversity Has No Benefit ‘At All’

October 2017. Fortune. "Corporate directors, it seems, are a tough sell. Despite research that shows the positive effects of greater board diversity—companies with it are more likely to have strong financial performance and fewer instances of bribery, corruption, shareholder battles, and fraud—some directors remain unconvinced about the value diversity brings to a ...

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Light backing from State Street weighs on U.S. diversity drives

October 2017. Reuters. "State Street Corp has drawn praise for its efforts to put more women on corporate boards, notably the “Fearless Girl” statue it placed near Wall Street. But new records show the company did not throw its full weigh behind boardroom diversity initiatives this year - complicating activists’ plans ...

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Percentage of women on Bursa Malaysia’s top 100 companies at 19.1%

October 2017. The Star Online. "The percentage of women on the boards of Bursa Malaysia’s top 100 public listed companies has increased to 19.1% as at end-September 2017, said the 30% Club Malaysia. The 30% Club Malaysia, a business group campaigning for more female directors on company boards, said only 95 out ...

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More efforts needed to achieve 30pct target of women on companies’ board

October 2017. The Straits Times. "The Malaysian Chapter of the 30% Club today has called on the corporate sector to increase effort to include more women at the decision-making level to at least 30 per cent by 2020. To date, its executive co-founding chairman Anne Abraham said only 95 out of 928 ...

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The Economic Consequences of a ‘Glass-Ceiling’: Women on Corporate Boards and Firm Value

October 2017. SSRN. "We analyze capital market reactions to exogenous departures of female board members due to death and illness. Theoretically, the 'glass-ceiling' effect implies that a more rigorous selection of female board members leads to superior qualifications of women on corporate boards. We find in short- and long-run event studies ...

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Sweden rejects quotas for women on boards of listed companies

October 2017. The Guardian. "Sweden’s parliament has rejected plans to introduce legislation that would fine listed companies who fail to appoint women to at least 40% of board seats. The leftwing government announced in September that it was drafting the legislation, but the centre-right opposition and a far-right party, which together hold ...

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Announcing the 2017 update to the Crunchbase Women in Venture report

October 2017. Tech Crunch. "In the first Crunchbase Women in Venture report (April 2016), our goal was to establish a well-defined baseline against which to measure future progress of women in the venture business. The key finding at the time was that 7 percent of the investing partners at the top 100 venture ...

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Race Trumps Gender in Silicon Valley’s Double-Paned Glass Ceiling

October 2017. OurWeb. "Despite Silicon Valley’s focused efforts to improve diversity and inclusion among its workforce, the innovation capital of the United States has not yet delivered on its bold ambitions. The Illusion of Asian Success (www.ascendleadership.org/research), a new report from the Ascend Foundation (www.AscendLeadership.org), a non-profit Pan-Asian career lifecycle organization, spotlights the ...

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You Won’t Find Any Women On Boards Of These Asian Billionaires

September 2017. NDTV. "Even by Asia's low standards when it comes to having women on corporate boards, the progress of the region's billionaires is lagging: Most of the richest men in China, Japan and South Korea run companies with few, if any, female board members. The situation is particularly extreme among Asia's ...

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Big Companies Say They Favor Diversity, Most Refuse to Prove It

September 2017. The Street. "A majority of large-cap companies say they are working to advance gender and racial diversity in the boardroom but less than half are willing to disclose how their efforts are proceeding, according to a new study." More here.  

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