PwC’s Annual Corporate Directors Survey has gauged the views of public company directors from across the United States on a variety of corporate governance matters for more than a decade. Key findings from this issue: Setting the corporate tone through middle management is key; 64% of directors evaluate company culture using their “gut feeling”; 94% of directors agree that board diversity brings unique perspectives to the boardroom. but more than half (52%) say board diversity efforts are driven by political correctness.
Gender parity
Women on Boards: Global Trends in Gender Diversity on Corporate Boards
Research conducted for this report state that companies with women in strong leadership positions generate a return on equity of 10.1% per year vs. 7.4% without. The MSCI uses this business case to make the argument that quotas are necessary to reach the goal of 30% female representation in a timely manner.
