NY Times

How to Diversify Without Really Complying

In 2010 the US Securities and Exchange Commission implemented a measure to ensure companies disclose information about how they consider diversity when they pick board members.  The rule did not define diversity as meaning gender or race.   Therefore, as per this NY Times blog post, we now have companies “interpreting diversity as having a varied background or experience.”
 
With so many studies documenting the advantage of a gender diverse board, companies would be far better off undertaking a stretch of their boards, rather than simply extending the definition of diversity.

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