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It’s International Women’s Day but female board representation is still lagging

The pressures behind increasing diversity at the top of the big companies aren’t reaching smaller ones, Morningstar says

It’s International Women’s Day, and corporations around the world are excited to tout their great gender-diversity stats.

The Back story: After the #MeToo wave brought gender equality and discrimination to the forefront, companies have made a concerted effort to highlight the diversity on their boards, if there is any. And from the looks of it, they’ve made so much progress! A Deloitte report showed that, as of last year, women hold 25% of Fortune 100 board seats, and a report from Equilar showed women filled 36% of new board seats in the third quarter of last year. Everyone is doing great work on this front! Which should be great for investors!

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