In today’s briefing:
- Diversity Will Work when % of Women and Foreign Directors Exceeds 50%, but It’s Still a Long Way Off
Diversity Will Work when % of Women and Foreign Directors Exceeds 50%, but It’s Still a Long Way Off
- Since so many companies have not prepared for internal female talent, the trend of hiring female independent outside directors will continue for the foreseeable future.
- Metrical studies have confirmed the tendency for the percentage of female board members to show a more significant positive correlation than the number of female board members.
- This is consistent with the expectation that the increased weight of women board members’ voices on the board will contribute to value creation.