Australia's Corporate Boards Shrink the Gender Gap

In Australia, 29.7 percent of the top 200 companies in the Australian Securities Exchange are women. While other countries are finding it more difficult to increase the number of women represented on company boards, Australia has seen a cultural shift. Rather than imposing quotas, which often have negative effects, Australian investors have recognized the positive effects of diverse boards, and pushed companies to recruit and retain in exchange for their votes and continued investment.

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