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 ...

. Read More →

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 ...

. Read More →

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 ...

. Read More →

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 ...

. Read More →

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 ...

. Read More →

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.  

. Read More →

New York City comptroller wields new clout in boardroom diversity drive

September 2017. "New York City comptroller wields new clout in boardroom diversity drive. Stringer oversees $181 billion in city pension fund assets. In a statement emailed by his staff to Reuters this week, he said he had gained leverage in the diversity campaign from a three-year-old push for companies to adopt so-called ...

. Read More →

Vanguard calls for more diverse corporate boards, better climate-change disclosures

September 2017.  MarketWatch. "In an open letter addressed to the directors of all public companies, most of which it is a sizable investor in, Vanguard, a gigantic passive asset management institution,  called on U.S. companies to improve their governance.  It outlined new factors—including ones related to diversity and climate issues—that it ...

. Read More →

CalPERS Champions Board Diversity Campaign Across 500+ US Companies

August 2017. Chief Investment Officer. "Continuing its push for diversity among boards, The California Public Employees’ Retirement System (CalPERS) sent letters to 504 Russell 3000 Index companies calling for changes in the appearance of their boards of directors. Detailing CalPERS’ evidence that board diversity yields positive performances, the $330 billion fund requested ...

. Read More →

Corporate America Needs the Power of Women in Leadership

August 2017. Rivard Report. "On Tuesday, March 7, State Street Global Advisors unveiled a life-size statue of a young girl confidently staring down Wall Street’s famous 'Charging Bull.' The “Fearless Girl,”created by artist Kristen Visbal, was installed on the eve of International Women’s Day to raise awareness of the lack of gender diversity and ...

. Read More →