Demand for women and minorities on paid boards is soaring.

    Over the past two years, my colleagues and I, at Executive Advisory and the University of Chicago, have conducted research that has demonstrated that diversity is a crucial business tool in achieving corporate success. Corporate leaders have reviewed our research positively and, as outlined below, are taking bold actions to create more diverse […]

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The Importance of ESG Issues to Corporate Success

Since late February 2021, the SEC has issued several statements regarding ESG related risks facing businesses and their stakeholders. These risks are largely due to companies mislabeling ESG funds as being green, or intentionally promoting other funds as ESG products. As a result, Gary Gensler, Biden’s appointee to lead the SEC, has augmented expectations such […]

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Climate Change vs. ESG

Which is the biggest risk to business:  Climate change, ESG or Sustainability? The terms can be confusing, exacerbated by overlapping usage. What do they mean in plain terms?  ESG refers to environmental, social and governance principles, as most of us know.  Social includes matters such as labor disputes, product liability, shifting regulations and demographics, among […]

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Why Cyber Literacy Matters to Boards

The past year has seen a remarkable increase in the number of cyberattacks on corporations, forcing boards to reevaluate their cybersecurity defense and response preparedness. More and more companies are facing legal and reputational risks, as cyber presents relatively new challenges that some boards do not have the expertise to approach. Companies are realizing how […]

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Corporate Governance Under the Biden Administration

The transition to the Biden administration is expected to have a significant impact on corporate governance. This impact is due in part to specific governance related proposals that will pass through the administration, and in part to how Biden’s policies will influence state legislation, governance best practices, and board conduct. During his campaign, several proposals […]

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NASDAQ’s Board Diversity Proposal

In a push for greater corporate diversity, NASDAQ is proposing a rule that would require its thousands of listed companies to have at least two diverse board directors.  NASDAQ filed a proposal with the Securities and Exchange Commission this month that would require companies to have on their board at least one woman and one […]

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