Push for corporate board diversity set to increase in the U.S. due to European pressure
As Germany prepares to enact quotas that will
mandate quotas for female participation on major corporate boards, the
United States is feeling the pressure to improve board diversity, says
Hillary A. Sale, JD, corporate governance expert and professor of law at
Washington University School of Law. After years of little growth, the percentage of women directors on U.S. Boards remains at 12 percent.
Pressure mounting to add women to U.S corporate boards
Despite evidence supporting boardroom diversity as a driver of corporate performance, “the percentage of women directors on U.S. boards stagnated some years ago and remains at or near 12 percent, with fewer than 10 percent of boards having three or more women,” says Hillary A. Sale, JD, the Walter D. Coles professor of law at Washington University School of Law. “The pressure to add women directors is, however, growing.” Sale discusses options to grow board diversity.
Conference for corporate board directors, June 25-26 at Olin School of Business
A conference for board directors of public and private companies will be held June 25-26 at Washington University’s John M. Olin School of Business in the school’s Charles F. Knight Executive Education Center. The board of directors’ conference, “Strategies and Techniques for Improving Board Performance,” will focus on corporate governance issues.