We Need More Diversity on Corporate Boards: Wadhwa

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Dec. 26 (Bloomberg) -- Vivek Wadhwa, fellow at Stanford Law School, discusses what he thinks is the top story of 2013, the need for more diversity on corporate boards. He speaks with Emily Chang on Bloomberg Television’s “Bloomberg West.” (Source: Bloomberg)

Story, the whole kerfuffle about twitter having a woman board member or not.

Now twitter has added its first woman to the board but you were very vocal about them not having one.

The ceo sort of called you out on twitter calling you the care top of academic sources.

Are you satisfied with the move that twitter has made?

Do you think they have made good?

They have done a lot of good.

Why don't they have 50% women?

Half of the population is women.

Why shouldn't their board be 50% women?

What they did, i applaud them for.

What we need much more.

They should not be a debate.

We should not discuss why there aren't women in key positions.

It should be a level playing field.

We need to have women innovating and doing sensible things.

This is another trend we started talking about and now i know every ceo, every fortune 500 ceo is wondering why he does not have more women.

This is a good thing that happened.

I hope to see more of it.

So, you know, i should remind our viewers of who twitter added, but you think it should be 50% women?

Yes.

Also african-americans, latinos, we should have a diverse board because ultimately the board represents the interests of the public, of the users, of the consumers.

It is not a boys club.

It should not be a boys club should be looking after the interest of their consumers and getting a diverse board would get them in touch.

If twitter had a woman, i do not think it would have lashed out at a professor whose western in him.

-- who is questioning him.

Silicon valley had better wake up and start behaving in a more respectable, more balanced fashion.

We need to have diversity.

We need to be looking at the interest of consumers and being -- and doing good for the world.

That is what has to happen in 2014 and beyond.

I think that will continue to be a trend, vivek wadhwa,

This text has been automatically generated. It may not be 100% accurate.

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