In today’s briefing:
- Challenge Is to Raise Governance and Return on Capital for More Companies Beyond Matching Numbers
Challenge Is to Raise Governance and Return on Capital for More Companies Beyond Matching Numbers
- The “30% female board member goal” appears to be more about matching numbers with results rather than discussing the positive impact of diversity on the board.
- Over the past year, corporate governance improved only modestly for all listed companies, but few that improved their corporate governance raised the percentages of female board members and independent directors.
- Given the strong influence between improvements in governance and return on capital and foreign ownership, it’s difficult for a company to transform itself without the reach of overseas investor engagement.