A Step Back for Gender Equality in the Board Room

The video discusses the decline in women's representation on Fortune 500 board seats, dropping from 30% to 28% between 2015 and 2016. Despite efforts to improve diversity, the trend is reversing, with parity now projected for 2032. Self-selection bias and a limited pool of female CEOs and CFOs contribute to the issue. Attitude changes are necessary, as men on boards often undervalue diversity. Some industries, like tech, show improvement, with women making up 40% of new board candidates. The video emphasizes the need for continued pressure from investors to enhance female representation.

What was the percentage of open board seats awarded to women in Fortune 500 companies in 2016?

• 40%

• 32%

• 30%

• 28%

According to the discussion, what is one reason for the limited pool of female candidates for board positions?

• Preference for candidates with CEO or CFO experience

• Geographical constraints

• Lack of interest from women

• Insufficient educational qualifications

What percentage of men surveyed believe that gender diversity on boards is important?

• 25-30%

• 80-90%

• 10-20%

• 50-60%

Which industry showed significant improvement in female representation on boards, according to the study?

• Healthcare

• Technology

• Manufacturing

• Retail

What role do investors play in increasing female representation on boards?

• They prefer male-dominated boards

• They have no influence

• They only invest in companies with female CEOs

• They pressure companies to focus on diversity