Cultivating A More Diverse Corporate Board
Most directors believe gender diversity adds value to the board, improves board performance and brings a unique perspective to the board.
Most directors believe gender diversity adds value to the board, improves board performance and brings a unique perspective to the board.
In this episode, Michael Steib, CEO & director with XO Group Inc. and outside board member with Ally Financial, shares how boards and management should approach discussions of human capital.
Boards looking for support from BlackRock will have to place a priority on ESG issues and diversity moving forward.
New evidence suggests that organizations with a critical mass of women board members approach risk more holistically and in a way that squeezes a little more value out of decisions.
Large companies have continued to improve the gender diversity of their board composition, and in 2017, nearly 20% of all board seats at Fortune 1000 companies were held by women.
The percentage of Hispanics on Fortune 500 boards is stagnant, with 2.6 percent of board members being Hispanic as of summer 2017, and 2.5 percent at the end of 2015. Three-quarters of Fortune 500 companies have no Hispanic board members.
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