Corporate boards need pressure to step up diversity, expert says

07/9/2013 | HBS Working Knowledge

Interest groups should increase pressure on companies to improve board diversity amid the state-based regulatory system in the U.S., says Jay Lorsch of the Harvard Business School. "Even if a company has a woman and an African-American on its board, what about an Hispanic or an Asian or a Native American? America is a land of great diversity, but corporate America still doesn't adequately represent that," Lorsch says. On the topic of governance, he says it's unclear whether separating the roles of chairman and CEO is the best option.

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