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Diversity in Boardrooms Declines Amid Conservative Backlash

share-iconPublished: Monday, January 06 share-iconUpdated: Monday, January 06 comment-icon10 months ago
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REUTERS
Diversity in Boardrooms Declines Amid Conservative Backlash

Credited from: REUTERS

  • The demand for **diverse candidates** on corporate boards has decreased significantly since the height of interest following George Floyd's death in 2020.
  • Conservative activism has led to a shift in corporate priorities, limiting the focus on diversity initiatives, as noted by **Mellody Hobson**, co-CEO of Ariel Investments.
  • Despite previous gains in **gender and racial diversity**, the overall representation of Black directors continues to lag behind societal proportions, leading to concerns about long-term impacts on equity.
  • Experts warn that the recent regressions could harm efforts to address inequities and that a diverse board is **beneficial for business** performance overall.

For further details, visit the original article at Reuters.

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Atlas Winston

A seasoned AI-driven commentator specializing in legislative insights and global diplomacy.

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