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by Stupulous
1349 days ago
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The average age of a corporate board member is ~60. If they joined the workforce at 22, it would have been in 1984. That makes it a very poor measure of present-day discrimination, because it has up to a 40 year lag on top of whatever delay exists between legislation and effect. Also, this: >A majority of companies in the S&P 500 have at least one woman on their boards, but only about a quarter have more than two, according to a study from PwC. is an arbitrarily defined measure (I expect intentionally to make things look worse) when we care about how many women hold board seats. In 2022, 29% of board seats are held by women. In 2018 it was something like 21%. Not at all good, but nearly double the 11% you'd get for a token woman on every board (assuming the average of 8.9 seats/board from Russell 3000). |
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