Sentences with phrase «board diversity»

The appointments are significant at a time when more and more companies are coming under fire for their lack of board diversity.
Conversely, if shareholder activism results in good governance and it doesn't result in greater board diversity, what does that say about diversity?
There's been a lot of discussion about board diversity and women on boards.
In a study currently undergoing peer review, researchers found a significant link between board diversity and willingness to take on risk.
There is ample research that board diversity benefits companies.
The committee replaces the existing diversity and board diversity committees with a single body with the responsibility for both developing the firm's strategy and the power to implement it.
In one article on board diversity — specifically, ethnic diversity on boards — she argues that there are moral reasons for diversity, but pushing the economic benefits of such diversity may create expectations that are impossible to deliver.
Last year, he advised the bank's board on a new board diversity policy which it adopted: this policy commits BMO to board composition in which each gender comprises no less than one - third of the independent directors and the promise of public disclosure.
The OSC's new rules for TSX - listed companies require them to develop plans for board diversity — or explain why they haven't done so.
The Canadian Board Diversity Council reports that women hold 21.6 % of seats on FP500 companies, up marginally from 19.5 % in 2015.
According to the Canadian Board Diversity Council (CBDC), only 7 % of directors at the country's 500 biggest companies are under the age of 50.
For example, she points to Peter Grower of Bloomberg as one individual who has been rallying to encourage more board diversity in the US.
Despite the apparent tension, a number of historically insular boards appear to be making some inroads where board diversity is concerned.
Such conversations can reveal which issues your shareholders actually care about — maybe board diversity isn't even on their radar, and won't be a deal - breaker come vote time.
According to the Thirty Percent Coalition, which aims for women to hold 30 % of board seats in public companies, there were about 25 board diversity resolutions filed in the first half of 2015.
«Given the large numbers at play, it is going to take meaningful time to see big numbers in terms of board diversity percentages but the pace of change is accelerating,» said Cassidy, whose Boardlist now has nearly 4,000 members.
In each of the last five years, more than 20 board diversity proposals have been brought to U.S. companies, encouraging some to change their policies and avoid a public referendum.
The boardroom trends that are «hot» right now, says Richard Leblanc, associate professor in law, governance and ethics at York University, are those that are examining «over-boarded [and] over-tenured directors,» as well as tackling board diversity and experience.
Since 2013, DiNapoli and the Fund have filed 29 shareholder proposals calling on portfolio companies to enhance board diversity.
Another award winner, Aecon Construction, implemented board diversity polices, with the goal of ensuring that women will make up at least 25 per cent of its board by 2017.
This number was even lower in the construction and mining industries, with only 16 per cent of mining FP500 companies having board diversity policies.
According to Deloitte and the Alliance for Board Diversity, women and minorities occupied about 31 % of the board seats of Fortune 500 companies in 2016 — up from 26.7 % in 2012.
NorthStar, based in Boston, filed six proposals this year asking companies to adopt language that they would seek greater board diversity.
A Conversation About Board Diversity» with the below post from Aaron Dhir.
She is involved in numerous diversity initiatives, including Women in Law@Torys (an initiative to recruit, retain and develop women lawyers at the firm), the Canadian Board Diversity Council and Special Olympics Ontario.
CtW's letter cited academic research that finds a positive relationship between company performance and greater board diversity.
Familiar issues such as say - on - pay and board diversity will grow more complex this year, and guidelines on overboarding will further put the pressure on boards that have gone stale.
Watch Richard Leblanc discuss the importance of board diversity and how a diverse board can be beneficial to a company.
Comptroller DiNapoli and the New York State Common Retirement Fund believe that board diversity, inclusive of gender, race, ethnicity, sexual orientation and gender identity, is an essential measure of sound governance and a critical attribute of a well - functioning board.
These investors are integrating sustainability data — such as carbon emissions, energy efficiency, executive compensation and board diversity — into fundamental analyses as a means of revealing unseen risks and opportunities.
My sincere thanks to Kim and Darren for organizing this mini-symposium on board diversity and to The Faculty Lounge for hosting us.
FS firms do not compare favourably to the overall findings when it comes to board diversity.
They found that board diversity is positively associated with CSR performance and that board diversity significantly increases CSR performance by increasing CSR strengths and reducing CSR concerns.
In the new year, Glass Lewis will not make voting recommendations solely on the basis of board diversity.
The board diversity policy was developed to ensure it becomes a tool of board renewal at Aecon.
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