Women in Fund Management

Women and Men in Canadian Capital Markets: An Action Plan for Gender Diversity

Despite more than a decade of concerted advocacy and good intentions by the industry, women continue to struggle to break through the senior leadership ranks in Canadian Capital Markets- and into the industry. According to Women and Men in Canadian Capital Markets: An Action Plan for Gender Diversity, released at a Women in Capital Markets luncheon, Catalyst found the informality of male-dominated networks, the fact that poor managerial skills are too easily overlooked and the persistent stigma around work-life balance continue to impact women's advancement.

URL: 
http://www.wcm.ca/default.aspx?tabid=10000029
Member Organization: 

Gender diversity on Boards: the Appointment process and the role of executive search firms.

The appointment of women to FTSE 350-listed non-executive director roles is being held back by selection processes which ultimately favour candidates with similar characteristics to existing male-dominated board members, according to a new report released today by the Equality and Human Rights Commission.

The report, produced by Cranfield School of Management for the Equality and Human Rights Commission, is the first in-depth study into the appointment process to corporate boards and the role of executive search firms. It follows the recent Davies Review which called upon executive search firms to take on a more active role in increasing gender diversity on FTSE boards.

URL: 
http://www.equalityhumanrights.com/uploaded_files/research/rr85_final.pdf

Significance of the gender divide in financial services — New Zealand results

New research from Finsia shows that companies need to make good on their stated commitment to promote gender equity.

The research findings were announced today in conjunction with the Bank of New Zealand, which is also launching a new industry body, Women in Financial Services Forum, in partnership with Finsia.Finsia chief executive Russell Thomas said, “This is the first New Zealand snap shot on gender diversity dedicated to the finance industry. It follows on from earlier research that Finsia conducted in 2010 and shows that the New Zealand situation is broadly similar to that in Australia.” BNZ, which partnered with Finsia to undertake the New Zealand component of the research, are today announcing the creation of a new industry association, the Women in Financial Services Forum.

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URL: 
http://www.finsia.com/docs/policy-research/pol12_04_gender_web.pdf?sfvrsn=0

Is Board Diversity Important for Firm Performance and Board Independence?: An exploratory study of Singapore Listed Company

Following the 1997 Asian financial crisis and the spate of corporate frauds and accounting scandals such as Enron, WorldCom, Parmalat, Satyam and China Aviation Oil (Singapore), there has been considerable research about the effectiveness of the board of directors in the corporate governance of firms. There are strong conceptual and business propositions for greater board diversity. In the corporate world, there has been anecdotal evidence from some large corporations such as IBM, Ford Motor, Nortel, Lucent, Sara Lee, Texaco, and DuPont that diversity at every level of the work force tothe board of directors of firms have been cited as an imperative for business success.

URL: 
http://www.mas.gov.sg/resource/publications/staff_papers/Staff%20Paper%20No.52.pdf
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