1、 https:/crsreports.congress.gov May 21, 2019Corporate Governance: Board Diversity Introduction A public companys board of directors is a group of individuals who have been elected to be the companys fiduciaries on behalf of its shareholders. Along with company executivessuch as the chief executive o
2、fficer (CEO)who run the company on a daily basis, the board helps set the tone for the corporation. Board mandates include assisting in setting broad corporate objectives, hiring and firing the CEO, who primarily runs the company, and providing support for senior management. Key board committees inc
3、lude the compensation committee (responsible for setting pay packages for key executives), the nominating and governance committee (responsible for ensuring that there are quality candidates running for the board), and the audit committee (responsible for overseeing financial reporting). Congression
4、al and policy interests in corporate boards have increased in recent years, with one primary issue being the composition of the directors of the board. In particular, there has been a sustained movement for increased gender diversity on corporate boards. Supporters argue, among other things, that op