Tag Archives | women

Women in Europe’s Boardrooms

The European commission is threatening radical measures to increase the number of women in boardrooms. Under proposed legislation, publicly listed companies in Europe will be fined if fewer than 40% of their non-exec board positions are occupied by women come 2020. (more…)

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What Does it Take to Get More Women on Boards?

Maybe they’re showing us the way down under. A joint initiative of the Victorian Government and the Australian Institute of Company Directors (Company Directors) offers scholarships to women on the boards of Not for Profit organizations that receive State Government funding to undertake corporate governance training provided by Company Directors. (more…)

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Minnesota May Attract Top Female Talent

GMI Ratings released today its third study this year of gender diversity on corporate boards of directors. The current study provides a comprehensive quantitative state-by-state analysis of gender diversity on the boards of Russell 3000 companies headquartered in the 50 U.S. states. (more…)

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LGIM Pushes Board Diversity

Legal & General Investment Management (LGIM), one of Europe’s largest institutional asset managers and a major global investor managing £362 billion in assets for more than 3,000 clients, is trying to persuade headhunters to widen the pool of company directors by bringing in people without direct board experience. “It’s not just about gender,” says Sacha Sadan, […]

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SEC Organizational Reforms

The Dodd–Frank Act directed the U.S. Securities and Exchange Commission (SEC) to engage an independent consultant to conduct a broad and independent assessment of the SEC’s internal operations, structure, funding, and the agency’s relationship with Self-Regulating Organizations (SROs). Issued in March 2011, the consultant’s study provided 16 optimization initiative recommendations designed to increase the SEC’s […]

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Possible Stick Yields Results for Female Directors

The number of women being hired as non-executive directors to FTSE 100 companies is running at nearly double the rate it was before the Davies report, which threatened the introduction of fixed quotas. Over the past six months, 23 per cent of all new non-executive board appointments have been filled by women, compared with just […]

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It Takes a Daughter

Male CEOs in Denmark who have a daughter are more apt to close the gender pay gap at their companies, reports the Wall Street Journal. Overall in Denmark, there is a gender wage gap of 21.5 percent. But the birth of a daughter to a male CEO caused that gap to close by 0.5 percentage […]

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Worried About Women on Boards? Don't Be

A U.K.-government-commissioned review by former trade minister Lord Mervyn Davies into board diversity, published Thursday, recommended FTSE 100 boards should aim for a minimum 25% female representation by 2015, up from 12.5% in 2010. Unlike Norway and Spain, Lord Davies doesn’t believe in setting hard quotas. Worryingly, he doesn’t rule them out if a business-led […]

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Women Directors: "Colorful… and Prettier Too"

Germany is in a state of uproar after Deutsch Bank’s CEO said that bringing women into upper management would make life “most colorful … and prettier too.” (At the moment, no women adorn Deutsche Bank’s management board or group executive committee.) The comments came as the country debates whether to instate a mandatory minimum quota […]

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Belgian Companies to "Comply or Explain" Re Women on Boards

The Belgian Corporate Governance Commission (CGC) has implemented gender diversity into its governance code on a ‘comply or explain’ basis. Listed companies are encouraged to increase the number of women serving boards to at least 30% within seven years. The Confederation of British Industry sent a similar request last year in its submission to Lord Davies’ […]

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Let's Get Rid of Caveman Directors

Women serving on corporate boards are far more likely than their male counterparts to favor increased boardroom diversity, new regulations for executive compensation, proxy access for shareowners and enhanced risk management, according to a new survey of corporate directors  by Heidrick & Struggles, WomenCorporateDirector (WCD), and Dr. Boris Groysberg. (Survey: Men and Women Corporate Directors […]

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Women on Corporate Boards of Directors

Women on Corporate Boards of Directors: International Research and Practice, edited by Susan Vinnicombe, Val Singh, Ronald J. Burke, Diana Bilimoria, and Morten Huse presents an excellent set of worldwide research on progress, strategies, results, and challenges. Overall, progress seems to be glacial but more pronounced in European countries, such as Norway with legislated quotas. […]

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