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WebAug 5, 2024 · Purpose Several mechanisms exist to address the low levels of gender and race diversity in boardrooms, including mandatory quotas, voluntary targets and investor activism. Based on the similarity-attraction theory, the authors investigated whether nomination committees of companies listed on the Johannesburg Stock Exchange (JSE) … WebDiversifying the Board: Three Steps to Consider. Today’s corporate boards face a range of onerous challenges. For standard issues like leadership succession and executive compensation there are precedents — directors can learn much from their own company’s history and previous boards of directors. But when it comes to the increasingly ... Our research revealed that improving cognitive diversity on a board can significantly enhance its performance, particularly when … See more To improve both cognitive and demographic diversity in the boardroom, we recommend that boards recruit racially, ethnically, and gender diverse directors who enhance diversity on two additional levels: first, by … See more Based on the results of our study, we compiled recommendations for boards interested in improving gender, racial, and ethnic diversity to incorporate into their director recruiting process to help them identify … See more Significant benefits can accrue from having a demographically diverse boardroom. Among other things, a demographically diverse board is more likely to represent the … See more Finally, our study revealed that the work of a board is not over once it has assembled a demographically and cognitively diverse group of directors. To make sure that a board benefits from enhanced diversity in the boardroom, it … See more burlington watch company serial numbers