In today’s briefing:
- Companies Using Outside Board Members for Management and for Matching Numbers Will Widen the Gap
Companies Using Outside Board Members for Management and for Matching Numbers Will Widen the Gap
- The first problem is that companies desperately match numbers, and original goal of ensuring board diversity has been lost; the second is the increase in the number of board memberships.
- The low ratio of women in managerial positions has forced companies to rely on outside talent for female board members, which has further increased matching numbers.
- There are problems both for the company that knowingly hires board members to serve concurrently in multiple companies and for the outside board members who knowingly accept such positions.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Data and News
- ✓ Events & Webinars
