In today’s briefing:
- The Goal of 30% Female Board Members Is Somewhat Hard to Achieve Given the Current Situation
The Goal of 30% Female Board Members Is Somewhat Hard to Achieve Given the Current Situation
- The fact that institutional investors consider whether a company has zero female board members when voting has led to decrease in the number of companies with zero female board members.
- Since fewer companies have zero female board members but a minority of companies have at least two female board members, achieving 30% female board members seems somewhat of a hurdle.
- While tenure and concurrent service of female board members are problematic, the starting point is to ensure that women have a 30% voice on the board and to promote diversity.
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