Smaller is better when it comes to reaping the benefits of gender diversity in the corporate board room.
"We all have a responsibility to fill the pipeline." Lauren Foster lists this point and other curated content from the 2016 CFA Institute Alpha and Gender Diversity: The Competitive Edge conference.
Brenda Trenowden, CFA, and Diane Nordin, CFA, shared firsthand knowledge about corporate board composition and governance, as well as advice on how women in investment management can blaze their own paths to serving on boards.
It has always amazed me when I meet people who have not left their home countries, let alone traveled overseas. Why is that? Why are some people driven to explore the world, while others are content with their lot at home? It turns out wanderlust may be in our genes.
As part of the Future of Finance initiative, CFA Institute recently held an online forum to discuss the high cost of the gender imbalance in finance. Two of the questions that were discussed were: (1) Would it be good for the end investor if women represented more of the industry? and (2) Greater diversity of thought processes can often lead to better end results. But is the finance industry attracting and, perhaps more importantly, retaining women?
Promoting better gender equity on corporate boards is not only about ensuring fairness but also about improving financial performance.
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