Women Get Board Seats Mostly When It's Required by Law
- Gender parity showing most improvement from government rules
- Number of women on U.S. boards has barely budged since 2012
Photographer: Sam Edwards/Caiaimage via Getty Images
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Diversity advocates have been trying for two decades to sell the corporate world on gender balance in the boardroom. Maybe they should be lobbying lawmakers instead.
A new study by Egon Zehnder points out that among countries that average three or more women on large company boards -- thought to be the threshold at which diversity starts to yield higher returns -- all but one operate under government-mandated quota systems.