Beware, Women on Board
Having a diverse board is all the rage at companies these days. But the FT reports on a recent study in the Journal of Financial Economics that suggests this might not be the best idea. The research, which was based on a 87,000 directorships at 2,000 U.S. companies from 1996 to 2003, showed that on average, companies with proportionally more women on their boards were less profitable and had a lower market value. The study also showed that boards with females were more effectively supervised and monitored. (The fact that females attend board meetings more often than males often persuades males to show up.) So for a badly-governed business, women can help. But for companies that run smoothly, the female tendency to "meddle" might be more harm than help. One of the study's authors, Daniel Ferreira of the London School of Economics, explains.
"Our research shows that women directors are doing their jobs very well. But a tough board, with more monitoring, may not always be a good thing.” Ferreira emphasized that the point of the study was not to protest diversity in the boardroom. “A board is not, after all, exclusively directed towards profit,” he said. “However, we can see that when you meddle with boards there may be unintended consequences. This is particularly important to bear in mind when companies are under increasing pressure to change the composition of their boards.”
Many believe that the internet has made it easier for us to participate in political activism. But is that really true?
- Protesting in person is costly in terms of money and resources; some people have children to take care of, jobs that can't be away from, or may not have time to attend a planning event.
- The internet was supposed to be a way to sidestep this barrier to political activism. But this doesn't consider the other barriers preventing poor and working-class folks from participating in digital activism.
- In particular, these people lack ASETs: access to computers, the skills to use them, the empowerment necessary to feel that using Twitter or other social media is for them, and the time to make use of digital platforms in an effective way.
Some games are just for fun, others are for thought provoking statements on life, the universe, and everything.
- Video games are often dismissed as fun distractions, but some of them dive into deep issues.
- Through their interactive play elements, these games approach big issues intelligently and leave you both entertained and enlightened.
- These five games are certainly not the only games that cover these topics or do so well, but are a great starting point for somebody who wants to play something thought provoking.
The bid to buy Greenland is unlikely to become seriously considered.
- Greenland and Danish officials alike think the idea is ridiculous.
- The island is an autonomous state, and it's unlikely the Danish would sell it because of yearly subsidies costs.
- After hearing the Danish Prime Minister call the idea absurd, Trump cancelled their forthcoming meeting.