Men Don't Value Diversity Nearly as Much as Women

Women overwhelmingly consider gender and racial diversity as essential to the success of corporate boards, yet only about one-third of men feel that way, according to a report released last week.


PricewaterhouseCoopers, ranked number three on the Fair360, formerly DiversityInc Top 50 Companies for Diversity, received responses from 783 public company directors to its 2015 Annual Corporate Directors Survey. The report found that 63 percent of female directors described gender diversity as a “very important” attribute for a board, compared to only 35 percent of male directors. Similarly, 46 percent of female directors describe racial diversity as “very important,” compared to only 27 percent of their male counterparts.

Of the directors who responded to the survey, 74 percent serve on the boards of companies with more than $1 billion in annual revenue. Participants were 86 percent male and 14 percent female.

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