The Australian Corporate Governance Code is up for review. Under the auspices of the Australian Stock Exchange (ASX), a number of amendments are under consideration, most notably improved disclosures about gender diversity and executive pay.
Read MoreWomen are dramatically under-represented in the boardrooms of major corporations in Germany and need state-imposed quotas to achieve parity, according to a recent study by the German Institute for Economic Research (DIW) in Berlin. Although Chancellor Angela Merkel may run the country, when it comes to business women only make up 2.5 percent of the members […]
Read MoreThe UK Government has asked the Financial Reporting Council to consider including a new principle in its code of conduct (UK Corporate Governance Code) to require companies to report on what they’re doing to increase the number of women in senior management positions. Under proposals announced by The Equalities Office, companies may be required to […]
Read MoreA PROXY Governance review of Russell 3000 companies holding their 2009 annual meeting prior to July 1 reveals considerable disparity in female board representation across sectors. Overall, women make up 10.7 percent of directors in the Russell 3000, but just 5.6 percent and 5.1 percent of directors in the energy and semiconductor sectors, respectively. The […]
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