Leadership in Government, Politics, and Business

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

Women Senior Management Appointments: CEW & Dun & Bradstreet Data: May 2012

A survey of Australian CEOs from Dun and Bradstreet and Chief Executive Women (CEW).

The data was collated from Dun and Bradstreet’s monthly Business Expectation Survey of 1,200 chief executive officers over a three-month period Q3-Q4 2011.The data reflects CEO’s answers to two key questions about women senior management
appointments.

The survey showed that:

• over 75 per cent of small firms did not intend to appoint a female to a senior management position in the next three months. Over 65 per cent of small to medium size firms were not mandating that female candidates be short listed for senior management roles.

• 22% of corporates said that in the last three months or next three months they have appointed or intend to appoint at least one female to a senior management position. This proportion is approximately the same across all industry groups.

URL: 
https://www.cew.org.au/wp-content/uploads/2012/05/Media-Dun-Bradstreet-Survey-Data-Sept-Nov-2011-DunnBradstreetWomen-Senior-Management-Appointments.pdf
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