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Nasdaq Companies: Disclosing the Absence of Board Diversity

By Randi Morrison posted 09-02-2024 05:54 PM

  

In this post: “Navigating the Nuances of Board Diversity in NASDAQ-Listed Companies,” incoming Director of the University of Delaware’s John L. Weinberg Center for Corporate Governance, Larry Cunningham, highlights the board diversity disclosures of Nasdaq-listed companies that either (i) failed to have the requisite number of “diverse” directors (as defined by the Nasdaq listing rule) and thus had to explain why they don’t or (ii) disclosed that they were unable to make a determination. One example illustrates a company’s explanation of its omission of the consideration of gender, race, ethnicity, or LGBTQ+ status from its director selection process based on its belief that such inquiries would represent a violation of individual privacy.

Access additional resources on our Board Diversity page.

                           This content first appeared in the Society Alert!

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