Seeking Critical Mass of Gender Equality in the Boardroom
BY STEVEN M. DAVIDOFF via The New York Times
SEPTEMBER 11, 2012
There’s a remarkable lack of women in corporate boardrooms around the world. The European Union is considering a remedy that would require that 40 percent of a company’s directors be women. This may be a milestone for gender equality, but the question is, will it make any difference in how companies are run?
The number of women directors remains stubbornly low. According to Catalyst, a nonprofit organization devoted to furthering women in business, American companies have the fourth-highest average of women directors in the world. The average board of a Fortune 500 company in the United States is 16 percent women. Read full article>>