“Gender Balance is an Investor Issue Too” by @A_WittenbergCox in @HarvardBiz @2020WOB #hwhtw

May 20, 2012 at 12:15 pm Leave a comment

In this HBR post, Avivah Wittenberg-Cox says we should “harness the power of investors” to improve the gender balance on corporate boards.

“New York City’s public pension fund has just nudged Goldman Sachs and MetLife to disclose their gender balance stats. To quote John Liu, the city’s comptroller: ‘without quantitative disclosure, shareholders have no way to evaluate the effectiveness of these efforts.’

“But very few companies actually publish their gender statistics, and certainly not anything more explicit than an aggregate ‘women in management’ number (which means they can all be first line managers). They much prefer publishing the wonderful initiatives they undertake in support of women in leadership, rather than the actual result of their efforts on the gender balance at the three levels below the CEO.”

Read the full article: http://blogs.hbr.org/cs/2012/05/gender_balance_is_an_investor.html?awid=8294541716442270676-3271

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