Diversity on boards
In 40 Years You’ll Have Terminator Vision, But it’s Doubtful Women will See Equal Representation in the Boardroom
It’s hard to image the disruption that will change the world in 40 years! Popular Mechanics predicts: contact lenses will grant us “Terminator” vision, vaccines will wipe out drug addiction, vertical farms will feed cities, Navy Seals will be able to hold their breath for 4 hours, nanobots will perform medical procedures […]
New “comply or explain” diversity disclosures required for Canadian firms
The Canadian Securities Administrators released new rules which require TSX-listed companies to follow new diversity disclosure rules. These “comply or explain rules” will apply to proxy circulars filed after December 31, 2014. The “comply or explain” model, also adopted in Australia, requires a company to either (a) comply and adopt and disclose the […]
HSBC Reports Gender Parity on Board of Directors
HSBC Canada is a “crown jewel” of the British banking giant HSBC group, their president Paulo Maia said, and that it is one of the most profitable for the parent company, which operates banks in 74 countries. It is ahead of the curve in Canada when it comes to promoting women through its […]
Family Businesses Provide More Board Seats for Women
Family-owned businesses in the U.S. are ahead of the corporate world in the representation of women on their boards. According to a 2013 Deloitte report, Perspectives on family-owned businesses – Governance and succession planning, there are 5.5 million family-owned businesses in the US. They surveyed 222 family-owned businesses for the report. Approximately 70% […]
HeForShe Campaign launched at UN
A speech by Emma Watson, who played Hermoine Granger in Harry Potter, at the UN headquarters last weekend, set the tone for how men should become a part of the conversation on feminism. She named the campaign HeForShe. She said, “how can we affect change in the world when only […]
Women on corporate boards help companies strike better deals
A 2013 study from the University of British Columbia reveals that female directors appear to bring down the costs of acquiring other companies, according to new research from the University of British Columbia, and they also tend to make fewer overall acquisition bids than companies that don’t have women on their boards. […]