corporatecounsel EXCERPT

BOARD GOVERNANCE

Board Diversity Outcomes

Diversity on the Board 60 Shareholder proponents remain keenly interested in making the corporate boardroom more diverse—for reasons of both equity and performance. Almost all these resolutions get withdrawn after companies agree

...we find that banks with more gender diversity on their board perform better once the composition of these boards reaches a critical level of gender diversity, corresponding to a board female share of around 13-17 percent.

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