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Fenwick & West LLP

Pro-DEI Shareholder Proposals and Support Down for 2024

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The number of pro-DEI proposals submitted by shareholders decreased overall in the 2024 proxy season compared to the 2023 proxy season, according to data provided by Proxy Analytics. Average support for DEI proposals...more

A&O Shearman

Achieving gender parity in the UKs top companies a mixed picture

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The Government-backed FTSE Women Leaders Review has been released for the third year, with the results showing promising progression in the appointment of women to boards (with the 40% target for women on boards achieved in...more

Holland & Knight LLP

Fifth Circuit Will Reconsider Challenges to Nasdaq Board Diversity Rule

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The U.S. Court of Appeals for the Fifth Circuit agreed recently to revisit a challenge to Nasdaq's board diversity rule. As we previously reported, a three-judge panel of the Fifth Circuit upheld the rule in October 2023....more

Fenwick & West LLP

Corporate Governance Practices and Trends in Silicon Valley and at Large Companies Nationwide

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For two decades, Fenwick has reported on corporate governance statistics and trends among the S&P 100 and Silicon Valley’s top public companies (Fenwick – Bloomberg Law Silicon Valley 150 List), with the goal of educating...more

Steptoe & Johnson PLLC

Fifth Circuit Upholds Nasdaq’s Rules on Board Diversity

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In Alliance for Fair Board Recruitment v. SEC, a panel of three 5th U.S. Circuit Court of Appeals judges upheld Nasdaq’s rules on board diversity. The rules require each Nasdaq-listed company to disclose information on the...more

Blake, Cassels & Graydon LLP

Les ACVM font état de tendances généralement positives concernant la représentation féminine aux conseils d’administration

Selon les Autorités canadiennes en valeurs mobilières (les « ACVM »), la proportion de femmes siégeant à des conseils d’administration (« CA ») de sociétés ouvertes au Canada a augmenté progressivement pour une neuvième année...more

Blake, Cassels & Graydon LLP

CSA Reports Mostly Positive Trends in Representation of Women on Boards

According to the Canadian Securities Administrators (CSA), the proportion of board seats held by women at public companies in Canada has gradually increased again for the ninth year in a row. In addition, at public companies...more

White & Case LLP

Diversity on UK Boards

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Increased focus from investors, regulators, and employees on racial, ethnic and gender diversity has heightened scrutiny of public companies' commitments to diversity in their workforce and in particular on their boards. ...more

White & Case LLP

Changing the face of mining - A review of women on boards and C-suite positions in the mining industry 2012 – 2022

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The mining industry is the bedrock of the global economy, providing the basic materials that are the building blocks of the world. Infrastructure, transport and machinery, energy, and the devices and equipment that we use...more

Cooley LLP

Federal court holds unconstitutional California’s board diversity statute regarding “underrepresented communities”

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There have been a number of challenges to California’s board diversity legislation, SB 826, the board gender diversity statute, and AB 979, the board diversity statute regarding “underrepresented communities.” In two cases,...more

Seyfarth Shaw LLP

Gender Diversity in the Boardroom – Where are We Now in Hong Kong and APAC?

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Introduction - Diversity & inclusion remains a priority for many businesses, even during these challenging times. A large part of recent conversation concerns encouraging greater female representation on corporate boards...more

Fenwick & West LLP

Diversifying the Boardroom: What Silicon Valley-Based and Other Large Public Companies Disclosed in 2022

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The intense focus on board diversity from a variety of stakeholders over the last several years has spurred many companies to examine the composition of their boards and to take action to diversify their boardrooms. While the...more

McNees Wallace & Nurick LLC

A Seat at the Table: Four Recruiting Strategies for Nonprofit Boards to Enhance Diversity

To ensure that boards of nonprofit organizations maximize their impact on the individuals they serve, it is crucial to recognize the importance of having a diversity of ideas, especially when looking to implement new programs...more

A&O Shearman

New Targets to increase Ethnic Diversity on UK Boards, etc.

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On 13 March 2023, the UK's Parker Review on Ethnic Diversity on UK Boards (the “Review”) published an update report (the "2023 Update") detailing recent progress that has been made in addressing the disparity between levels...more

Wilson Sonsini Goodrich & Rosati

Considerations in Complying with Nasdaq Rule 5606

In August 2021, the U.S. Securities and Exchange Commission (SEC) approved new board diversity listing standards for companies listed on The Nasdaq Stock Market LLC (Nasdaq). As part of these new listing standards, Nasdaq...more

Jenner & Block

Client Alert: Women on Boards Directive – A Crack in the Glass Ceiling, but Does It Go Far Enough?

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Women make up just 30.6% of board directors for the largest listed companies in the European Union (EU). In a bid to “break the glass ceiling of listed companies’ boards,” the European Parliament adopted a new law on 22...more

Cooley LLP

Has the “internal affairs” doctrine been stretched too thin?

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In this paper, Ann Lipton, an Associate Professor at Tulane Law School, contends that the “internal affairs” doctrine has gradually expanded its reach and, perhaps as a result, is now facing new challenges. As applied in...more

Fenwick & West LLP

2022 Corporate Governance Practices and Trends

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Fenwick has surveyed the corporate governance practices of the companies included in the Standard & Poor’s 100 Index (S&P 100) and the technology and life sciences companies included in the Fenwick – Bloomberg Law Silicon...more

A&O Shearman

Gender diversity on corporate boards (UPDATED)

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What to expect from the new EU Women on Boards Directive, including the practical changes for your management structure and the impact on the national legislation of each Member State. ...more

Cooley LLP

California Appeals Court reinstates injunctions against California Board diversity laws

Cooley LLP on

You may recall that, earlier this year, two Los Angeles Superior Courts struck down as unconstitutional two California laws mandating that boards of public companies achieve specified levels of board diversity and enjoined...more

Blake, Cassels & Graydon LLP

ACVM : La représentation des femmes au sein des conseils d’administration continue de progresser

Selon les Autorités canadiennes en valeurs mobilières (les « ACVM »), la proportion de femmes siégeant au conseil d’administration de sociétés ouvertes canadiennes a continué d’augmenter, pour la 8e année consécutive....more

Bennett Jones LLP

Canadian Securities Administrators Publish Eighth Report Regarding Women on Boards and in Executive Officer Positions

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The Canadian Securities Administrators (CSA) recently published its eighth annual Review of Disclosure Regarding Women on Boards and in Executive Officer Positions (Year 8 Report) (the Review). The Review outlines the CSA's...more

Proskauer - Corporate Defense and Disputes

New Study Finds Trickle-Down Effect from Board Diversity

A new study has found that diversity on corporate boards of directors leads to statistically significant increases in the representation of under-represented groups at the manager and staff level. The study – “Do Diverse...more

Blake, Cassels & Graydon LLP

CSA Reports Further Progress on Advancement of Women on Boards

According to the Canadian Securities Administrators (CSA), the proportion of board seats held by women at Canadian public companies has incrementally increased again, for the eighth year in a row. However, the advancement of...more

BCLP

Reminder: Initial Board Diversity Matrix Now Required for Nasdaq Companies

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All Nasdaq-listed companies must now disclose a board diversity matrix by the later of (1) August 8, 2022, or (2) the date the company files its proxy statement for the 2022 annual meeting of shareholders (or, if companies do...more

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