Centre for Entrepreneurship, Innovation & Social Impact | Smith School of Business’ Post

What is the impact of a more diverse boardroom? Matt Hawksley of the Centre for Entrepreneurship, Innovation & Social Impact | Smith School of Business tackled this question and many more with Assistant Professor Bhargav Gopal during the latest edition of 'Innovation in Motion.' Bhargav's research examined the outcomes of a California Senate rule in 2018 that required the presence of at least one woman on the corporate board by the end of that year. That change rapidly shifted the dynamics of the boardrooms that were headquartered in California and moved the needle from 204 organizations with all-male boards down to only 12 in 2021. It helped to establish better networks and connections for women so that they could accelerate along the pathway. And operating performance, shareholder returns, and firm values were not negatively impacted within those three years. Increasing diversity can be good for business and minority representation. Read more of Bhargav's research here: https://lnkd.in/eMKmv6q2 #womenempowerment #change #socialimpact #genderdiversity #genderstudies #boardroom #equity

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