,,iv  #aad? ,,congress  #a/ ,session    
,h4 ,,res4 #dde  ,,9 ,,! ,,h\se ,,(     
,,repres5tatives  ,septemb] #bh1 #bjae  
,mr4 ,bey] 7= himself1 ,mr4 ,emm] (     
,m9nesota1 ,mr4 ,de,saulnier1 ,mrs4     
,davis ( ,cali=nia1 & ,miss ,rice ( ,new
 ,york7 submitt$ ! foll[+ resolution2   
:i* 0 ref]r$ to ! ,committee on         
,education & ! ,work=ce  ,,resolution   
,express+ ! s5se ( ! ,h\se (            
,repres5tatives t corporations %\ld     
commit to utiliz+ ! b5efits ( g5d]      
div]sity 9 bo>ds ( directors & o!r s5ior
 managem5t positions4  ,:]eas a         
,mc,kinsey & ,company /udy entitl$ ,wom5
 ,matt]1 publi%$ 9 ,octob] ( #bjjg1 %[$ 
t corporations 9 :i* wom5 are mo/       
greatly repres5t$ on bo>ds ( directors1 
or 9 o!r s5ior managem5t positions1 are 
also ! corporations t p]=m ! be/2 ,:]eas
 su* /udy %[$ t corporations t h #c or m
 wom5 s]v+ 9 s5ior managem5t positions  
score m highly1 on av]age1 on !         
organizational p]=mance pr(ile ?an      
corporations ) no wom5 s]v+ 9 s5ior     

managem5t positions2 ,:]eas su* /udy %[$
 t p]=mance increases significantly once
 a c]ta9 critical numb] ( wom5 s]v+ 9   
s5ior managem5t positions is            
atta9$--specifically1 :5 !re are at lea/
 #c wom5 on managem5t committees ) an   
av]age memb]%ip ( #aj individuals2      
,:]eas an ,oklahoma ,/ate ,univ]sity    
/udy entitl$ ,corporate ,gov]nance1     
,bo>d ,div]sity1 & ,firm ,p]=mance1     
publi%$ 9 ,m>* ( #bjjb1 f\nd t g5d]     
div]sity on bo>ds ( directors is        
associat$ ) improv$ f9ancial value2     
,:]eas ,cataly/1 a non-pr(it &          
non-p>tisan organization1 f\nd 9 ! #bjad
 ,cataly/ ,c5sus t wom5 repres5t #df4h  
p]c5t ( ! labor =ce yet only acc\nt =   
#ai4b p]c5t ( corporate bo>d seats =    
,s,p #ejj companies1 & a ,cataly/ report
 entitl$ ,corporate ,p]=mance & ,wom5's 
,repres5tation on ,bo>ds1 publi%$ 9     
#bjjg1 f\nd t g5d] div]sity on corporate
 bo>ds contributes to m effective       
corporate gov]nance & to positive       
gov]nance outcomes ?r\gh a v>iety ( bo>d

 processes1 z well z ?r\gh individual   
int]actions2 ,:]eas su* report f\nd t   
wom5 directors contribute to important  
corporate-level outcomes because !y play
 direct roles z lead]s & m5tors1 z well 
z indirect roles z symbols ( opportunity
 = o!r wom51 & inspire ^? wom5 to a*ieve
 & /ay ) _! corporations2 ,:]eas su*    
report f\nd t m recognition ( ! valuable
 contribution ( wom5 directors to       
corporation value is ne$$2 ,:]eas end+ 9
 #bjab ,cr$it ,suisse conduct$ a #f-ye> 
global rese>* /udy entitl$ ,g5d]        
,div]sity & ,corporate ,p]=mance1       
publi%$ 9 #bjab1 ( m ?an #b1jjj         
corporations worldwide t %[$ t wom5 s]v+
 on corporation bo>ds improv$           
corporation p]=mance ) respect to key   
metrics1 includ+ /ock p]=mance1 z       
demon/rat$ by ! fact t corporations ) a 
m>ket capitalization ( m ?an            
#aj1jjj1jjj1jjj on ^: bo>ds wom5 s]v$   
outp]=m$ by #bf p]c5t /ock p]=mance (   
comp>able corporations ) bo>ds on :i* no
 wom5 s]v$2 ,:]eas su* report f\nd a    

great] correlation betwe5 corporations' 
/ock p]=mance & ! pres5ce ( wom5        
directors s9ce ! f9ancial crisis 9      
#bjjh1 9 addition to f9d+ t corporations
 ) wom5 s]v+ z directors significantly  
outp]=m$ o!r corporations :5 ! f9ancial 
crisis occurr$2 ,:]eas su* report f\nd t
 corporations ) wom5 s]v+ z directors   
t5d to be some:at risk-av]se & c>ry less
 debt1 on av]age1 comp>$ to corporations
 ) no wom5 directors1 & t net income    
gr[? = su* corporations av]ag$ #ad p]c5t
 ov] a #f-ye> p]iod1 comp>$ ) #aj p]c5t 
= ^? corporations ) no wom5 directors2 &
 ,:]eas ! ,unit$ ,/ates #cj ,club =m$ by
 a gr\p ( bus9ess lead]s & n[ includ+   
#di ,unit$ ,/ates *airpeople & *ief     
executive (fic]s is committ$ to bett]   
g5d] balance at all levels ( corporate  
organizations ?r\gh volunt>y actions3   
,n[1 !re=e1 be x  ,t x is ! s5se ( !    
,h\se ( ,repres5tatives t-- 7#a7 !      
citiz5s ( ! ,unit$ ,/ates h a           
significant /ake 9 promot+ robu/1       
su/a9able economic gr[?2  7#b7 su* gr[? 

w be /r5g!n$ & accel]at$ by ! ev]-full] 
inclusion ( wom5 9 ! ,unit$ ,/ates      
work=ce1 at all levels ( corporate      
managem5t2 &  7#c7 corporations 9 !     
,unit$ ,/ates %\ld und]take a commitm5t 
to ev]-full] utilization ( ! tal5ts1    
skills1 & "w e?ic ( wom5 on bo>ds (     
directors & 9 o!r s5ior managem5t       
positions4