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Less than a third of corporate board seats are now held by women, despite evidence that has shown that gender diversity in boardrooms can lead to higher credit ratings and improved stock performance.
Women are gaining ground in the boardroom. In 2022, 29% of corporate board seats at North American and European companies were held by women, up from 24% two years ago, according to Moody’s Investors Service. Among North American companies, board seats occupied by women rose to 27% from 22%, the data showed.
A company’s board has a significant influence over a company’s business operations, including setting policy,…