Board Diversity? A Surprising Share of Directors Say Shareholders Are Too Obsessed With It

A new PwC survey of corporate directors out this week provides some head-scratching results. First, the good news: some 94% of directors agree that board diversity brings unique perspectives to the boardroom, and 84% say it enhances board performance. In that same vein, 91% report that their boards have taken some steps to up diversity--an increase of four points since last year.

Now for the puzzling data: Even as the overwhelming majority of directors recognize the benefits of board...

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