,,iv #aag? ,,congress #b;d ,session ,h4 ,,res4 #iga ,,9 ,,! ,,h\se ,,( ,,repres5tatives ,m>* #h1 #bjbb,mr4 ,bey] 7= himself & ,mrs4 ,c>olyn ,b4 ,maloney ( ,new ,york7 submitt$ ! foll[+ resolution2 :i* 0 ref]r$ to ! ,committee on ,education & ,labor ,,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 ,cataly/1 a non-pr(it & non-p>tisan organization1 f\nd 9 _! #bjbj report entitl$ ,wom5 on ,corporate ,bo>ds t wom5 are #ef p]c5t ( ! labor =ce1 yet only acc\nt = #cj p]c5t ( bo>d directors ( ,s,p #ejj companies1 & ano!r ,cataly/ report entitl$ ,wom5 ,c,e,os ( ! ,s,p #ejj f\nd t wom5 acc\nt$ = only #f p]c5t ( all ,c,e,os 9 #bjbj2 ,:]eas a ,mc,kinsey report entitl$ ,wom5 9 ! ,workplace publi%$ 9 #bjba1 f\nd t wom5 ( color cont9ue to h ev5 l[] repres5tation at e level ( corporate employm5t & lead]%ip2 ,:]eas ! ,sadie ,collective's pap] titl$ ,:y are ,black ,wom5 ,miss+ f ,corporate ,lead]%ip8 publi%$ 9 ,novemb] #bjbj %[$ t ! numb] ( ,black wom5 complet+ degrees 9 economics1 f9ance1 acc\nt+1 & ma? fields is decl9+1 :i* are (t5 fields associat$ ) corporate lead]%ip2 ,:]eas su* /udy f\nd t measures to remove b>ri]s to ! pipel9e ( corporate lead]%ip = ,black wom5 9 male-dom9at$ fields include access to in=mation1 e>li] education1 & exposure to female m5tors2 ,:]eas ,! ,am]ican ,economic ,association's /udy entitl$ 8,,aea ,pr(ession ,climate ,survey3 ,f9al ,report0 publi%$ 9 ,septemb] #bjai f\nd t wom51 especially ,black wom51 _h to take ! mo/ measures to avoid possible h>assm5t1 discrim9ation & unfair treatm5t1 h9d]+ ef=ts to climb ! corporate ladd]2 ,:]eas an ,egon ,zehnd] /udy entitl$ ,global ,bo>d ,div]sity ,track]3 ,:o's ,really on ,bo>d8 publi%$ 9 ,decemb] #bjbj1 %[$ t companies ) m div]se executive teams & bo>ds ( directors p]=m bett] f9ancially2 ,:]eas su* /udy %[$ t wom5 directors contribute to important corporate-level outcomes because !y play 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* /udy f\nd t m recognition ( ! valuable contribution ( wom5 directors to corporation value is ne$$2 ,:]eas su* /udy %[$ t corporations ne$ a critical mass ( at lea/ #c wom5 s]v+ on bo>ds ( directors ) av]age memb]%ip ( #aa individuals to access ! b5efits ( div]sity = ov]all organizational p]=mance & prev5t ! negative impacts ( tok5ism on lead]%ip teams2 ,:]eas a ,h>v>d ,bus9ess /udy entitl$ ,an ,in/itutional ,approa* to ,g5d] ,div]sity & ,firm ,p]=mance publi%$ 9 #bjai f\nd t increas$ g5d] div]sity results 9 m productive companies 9 t]ms ( m>ket value & rev5ue2 ,:]eas ,cr$it ,suisse's global rese>* /udy entitl$ ,,cs ,g5d] #cjjj publi%$ 9 ,octob] #bjai review$ #c1jjj corporations worldwide to f9d t wom5 s]v+ on corporate bo>ds improv$ corporation p]=mance ) respect to key metrics1 includ+ /ock p]=mance1 & t companies ) a high] proportion ( wom5 s5ior manag]s demon/rat$ returns on inve/m5t t 7 bo? high] & m /able ov]all2 ,:]eas su* /udy 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 0 also high]2 & ,:]eas a ,/an=d ,univ]sity /udy entitl$ ,d ,inve/ors ,value ,g5d] ,div]sity 9 ,firms8 releas$ 9 #bjai f\nd t inve/ors react positively to sub/antive increases 9 g5d] div]sity ) a significant increase 9 /ock prices foll[+ corporate ann\ncem5ts reg>d+ increas$ div]sity1 demon/rat+ ! economic consequ5ces ( increas$ div]sity3 ,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