This January, Germany has dominated the news for women in business, with their bold step to require stock exchange-listed companies with executive boards of more than three, to have at least one woman on those boards. The cabinet have approved draft legislation to this effect, which according to the Justice Ministry, "would affect about 70 companies – of which 30 currently … [Read more...]
Search Results for: boards
Women Hold Less Than 25% of Seats on S&P 500 Boards
Despite all of the attention that the lack of diversity on S&P 500 boards has been getting in recent years, there is still a significant gender gap, and that gap is closing extremely slowly. At the current rate, it will take years to get close to gender parity on S&P 500 boards according to new data released by CGLytics, a corproate governance company. According to … [Read more...]
Senator Urges SEC to Increase Diversity on Corporate Boards
In a letter sent today to Mary Jo White, Chairman of the Securities and Exchange Commission (SEC), Senator Bob Casey (D-PA) urged the SEC to take steps to address the lack of representation of women and minorities on corporate boards. In his letter, Senator Casey cited several statistics from a recent Alliance Board for Diversity report to support his message, … [Read more...]
2013 Women on Boards Survey Finds the Gender Gap Closed 1.7% Since 2009
The number of women on the corporate boards at 5,977 companies in 47 countries across the globe has increased by just 0.5% since 2012 and only 1.7% since 2009. Those statistics come from GMI Ratings' 2013 Women on Boards Survey as reported by Kimberly Gladman, Director of Research and Risk Analytics at GovernanceMetrics International. Gladman shared the key study results on … [Read more...]
Women on Boards – Leading Companies of Silicon Valley
Which companies in Silicon Valley have the most women on boards? That's the question Bryce Druzen answered yesterday on the Silicon Valley Business Journal website. Not surprisingly, Druzen found that only 16.9% of Silicon Valley companies have women corporate board members. You can see how the companies in the tech capitol of the United States rank below and get all of … [Read more...]
14-Point Roadmap to Improve Boardroom Diversity and Get More Women on Boards
Only one in five corporate board members in the S&P 100 are women and just 15.6% of all board seats in the United States are held by women. In other words, there is very little diversity in corporate board rooms. Today, WomenCorporateDirectors and the WomenCorporateDirectors Global Institute released a 14-point roadmap to improve diversity in corporate boardrooms. These … [Read more...]
Women on Corporate Boards Are Better Decision Makers Than Men
In a new survey published by the International Journal of Business Governance and Ethics, which was based on a poll of 624 board directors in Canada, women on corporate boards are better decision makers than men on corporate boards. Linda Nguyen of the Canadian Press reports that according to the study, women are more likely to "rock the boat," be open to new ideas, and use … [Read more...]
5 Steps Women Can Take to Get on Corporate Boards
NEWS AND INSIGHTS UPDATE: Last week, I asked how we can increase the number of women on corporate boards and shared suggestions from women in executive-level positions gathered by AS/COA. In fact, you can find many statistics and facts about women on boards here on Women on Business. The data is quite clear. A diverse board that includes women typically improves performance … [Read more...]
How Can We Increase the Number of Women on Corporate Boards?
NEWS AND INSIGHTS UPDATE: Consider this--women hold approximately 16% of board seats in the United States, 7.2% in emerging markets, and just 5.6% in Latin America. That's despite the fact that there has been so much discussion about the need for boardroom diversity and more diversity in the C-suites, particularly for women to fill more of these positions. Despite the focus, … [Read more...]
Gender Gap on Corporate Boards in Canada Creates Calls for Quotas
NEWS AND INSIGHTS UPDATE: Gender inequality at executive levels and on corporate boards of directors is a global problem. To date, nine countries have created some kind of quota requirements for corporate board diversity and another 20 have added some type of requirement for companies to address corporate board diversity in their annual reports. Despite these efforts to boost … [Read more...]