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	<title>The Harvard Law School Forum on Corporate Governance</title>
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	<title>Diversity in the Boardroom is Important and, Unfortunately, Still Rare &#8211; The Harvard Law School Forum on Corporate Governance</title>
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		<title>Diversity in the Boardroom is Important and, Unfortunately, Still Rare</title>
		<link>https://corpgov.law.harvard.edu/2010/09/23/diversity-in-the-boardroom-is-important-and-unfortunately-still-rare/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=diversity-in-the-boardroom-is-important-and-unfortunately-still-rare</link>
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		<pubDate>Thu, 23 Sep 2010 15:18:35 +0000</pubDate>
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		<category><![CDATA[Diversity]]></category>
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		<description><![CDATA[Editor’s Note: Luis A. Aguilar is a Commissioner at the U.S. Securities and Exchange Commission. This post is based on Commissioner Aguilar&#8217;s remarks at a recent forum titled &#8220;Closing the Gender Gap: Global Perspectives on Women in the Boardroom;&#8221; his complete remarks are available here. The views expressed in the post are those of Commissioner [&#8230;]]]></description>
				<content:encoded><![CDATA[<div style="background: #F8F8F8;padding: 10px;margin-top: 5px;margin-bottom: 10px"><strong>Editor’s Note:</strong> <a href="http://www.sec.gov/about/commissioner/aguilar.htm" target="_blank">Luis A. Aguilar</a> is a Commissioner at the U.S. Securities and Exchange Commission. This post is based on Commissioner Aguilar&#8217;s remarks at a recent forum titled &#8220;Closing the Gender Gap: Global Perspectives on Women in the Boardroom;&#8221; his complete remarks are available <a href="http://www.sec.gov/news/speech/2010/spch091610laa.htm" target="_blank">here</a>. The views expressed in the post are those of Commissioner Aguilar and do not necessarily reflect those of the Securities and Exchange Commission, the other Commissioners, or the Staff.</div>
<p><a name="1b"></a>The persistent lack of diversity  in our corporate boardrooms is an issue that requires continuing focus.  A focus that needs to be maintained until our corporate boardrooms  reflect the America we live in. Many nations have been focused on Board  diversity for years. <a href="http://blogs.law.harvard.edu/corpgov/2010/09/23/diversity-in-the-boardroom-is-important-and-unfortunately-still-rare#1">[1]</a> Others are just now beginning to do so.</p>
<p>Today&#8217;s forum is also timely because 2010 has been a year in which we  have seen countries around the world take steps to correct the  persistent lack of diversity in corporate boardrooms. For example, in  <a name="2b"></a>Australia, companies are now required to disclose the company&#8217;s progress  related to board-established gender objectives as well as disclose the  number of female employees in the entire organization, in senior  management, and on the board. <a href="http://blogs.law.harvard.edu/corpgov/2010/09/23/diversity-in-the-boardroom-is-important-and-unfortunately-still-rare#2">[2]</a><a name="3b"></a> In the United Kingdom, companies are now required to &#8220;pay due regard to  the benefits of diversity on the board, including gender&#8221; when  searching for and appointing directors. <a href="http://blogs.law.harvard.edu/corpgov/2010/09/23/diversity-in-the-boardroom-is-important-and-unfortunately-still-rare#3">[3]</a></p>
<p> <a href="https://corpgov.law.harvard.edu/2010/09/23/diversity-in-the-boardroom-is-important-and-unfortunately-still-rare/#more-12968" class="more-link"><span aria-label="Continue reading Diversity in the Boardroom is Important and, Unfortunately, Still Rare">(more&hellip;)</span></a></p>
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