California Mandates Increased Diversity on Corporate Boards
The United States continues to lag in corporate board diversity. Many corporate boards are dominated by white males. Progress on this issue has been slow. The number of women on Russell 3000 boards rose from 15 to 19 percent. Most of the increase occurred on boards of mid- and large-cap companies. In 2019, 45 percent of new board members were female and only 15 percent...