Arnold & Porter’s Teresa Johnson discusses the importance of diverse boards for good corporate governance. Corporations should be attuned to changing legal requirements and the growing demand for diversity from institutional investors, investment banks and other stakeholders. Johnson discusses some of the requirements for different types of companies, including the California laws and the NASDAQ rule approved by the SEC in 2021.
You can read more about California Board diversity laws here.
This is part of our ongoing series, “ESG: The Bottom Line,” where we take on some key legal aspects of ESG--from impact investing to whistleblowers, climate risk disclosure to corporate board diversity. All in short videos where we get straight to the bottom line.
» Watch the rest of the “ESG: The Bottom Line” series here.
© Arnold & Porter Kaye Scholer LLP 2023 All Rights Reserved. This video is intended to be a general summary of the law and does not constitute legal advice. You should consult with counsel to determine applicable legal requirements in a specific fact situation.