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Proxy Access and Board Diversity

A recent article at TheRacetotheBottom.org takes a look at how the recently adopted proxy access rules could affect diversity on US company boards.  According to the article:

One likely consequence of shareholder access will be more diversity on the board.

 . . .

It is our view that management of public companies will benefit from the more diverse views that will likley accompany diversity on the board. In other words, it will improve rather than harm competitiveness.

With diversity lacking in many, if not most, boards of major companies both domestically and internationally, the article's author sees increasing board diversity as an opportunity to create competitive advantages by diversifying governance on US company boards.

The full article is available at:  http://www.theracetothebottom.org/home/a-prettier-board-and-gender-diversity-an-opportunity-for-a-u.html