“As Lord Davies reported in February 2011, at the current rate of change it will take over 70 years to achieve gender-balanced boardrooms in the UK. Almost a decade ago, the Higgs review of the role and
effectiveness of non-executive directors called for greater diversity among board directors, but the response on this front has been poor. Given that encouragement has failed, it is no wonder
that plans are afoot to prod listed companies into increasing the number of women on their boards.”
Full story (PDF)
Cloisters, August 2012
Source: www.cloisters.com
