The search firm, Heidrick & Struggles and the University of Southern California surveyed directors of publicly traded companies. More than 55% said they would not want to diversify their boards by increasing minority representation. Here's where the lack of logical thinking comes in:
"...while there is little commitment to increasing representation on the board, many directors (82 percent) recognize that having a diverse board can be beneficial to the company because diversity contributes to a broader range of decision options for consideration."
Let's see if I understand. They're saying they know diverse boards are good for business, but >55% of them don't want to diversify. Who's holding directors accountable?
On another note, among the <45%> who...
"...would like to increase board diversity, 30 percent of them are giving special consideration to women, 21 percent to African Americans, 17 percent to Hispanics/Latinos and nine percent to Asian Americans."If you dare, you can read more about the September, 2008 study, you'll find it here.