In May of 2002, The Conference Board of Canada published findings of their study on women and corporate governance.
The report suggests a link between female numbers on boards and good-governance credentials. For example, it found that more gender-balanced boards tended to:
- pay more attention to audit and risk oversight and control
- more often considered the needs of more categories of stakeholders
- examine a wider range of management and organizational performance
- 94% of boards with three or more women (compared to 58% of all-male boards) insist on conflict-of-interest guidelines
It also found that:
- 72% of boards with two or more women conduct formal board performance evaluations, while only 49% of all-male boards do
- companies that provide boards of directors with formal, written limits to authority have a greater percentage of women directors than do organizations with no formal limits to authority
- organizations that provide boards of directors with formal orientation programs have a greater percentage of women directors than do organizations with no such program.
Conference Board Canada Report
Not Just the Right Thing, the Bright Thing
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- Diverse Board, Healthy Business
- Mining Women for the Boardroom
- Programs May Create Illusion of Diversity
- New Core Metric Catches On
- France's minister for the economy speaks about the strength of women
- Deutsche Telekom Imposing Quotas for Female Managers
- Intel Shareholders Agitate for More Board Diversity
- Calvert Pushes Anew for Board Diversity
- The Case for Women CEOs (and the Pay Gap Makes Them a Real Deal)
- Fixing the Finance Industry Requires a Critical Mass
- Female future
