Tag: Nasdaq

NASDAQ

Nasdaq and SEC Near Agreement on Plan To Increase Diversity Within Corporate Boards

The multinational financial services corporation Nasdaq Inc. and the stock exchanges it operates are on the verge of becoming much more diverse and inclusive, especially when it comes to the number of women and minorities serving on the boards of member companies. Bloomberg’s Andrew Ramonas and Claire Hao have reported…

England banking

British Banking Industry Considers New Rules Tying Executive Bonuses to a Company’s Overall Diversity and Inclusion Efforts

While it’s not unusual for some U.S. executives to receive bonuses based on various diversity goals within an organization, regulators in the U.K. are looking into enacting a more formal and official program linking the two ideas together, making financial services more accountable for their hiring practices. Bloomberg’s Aoife Kearins…

Nasdaq

NASDAQ President Backtracks Proposed Boardroom Diversity Requirements

When stock market indexing giant NASDAQ announced plans to make the companies listed on its exchange include at least some measure of diversity on their boards last December, the reaction was loud and immediate from both sides. Right-leaning groups like The Heritage Foundation declared the move “discriminatory and immoral” and…

Child studying to improve test scores

Test Scores Drop Dramatically for Black, Hispanic and Poor Children Due to COVID-19; Nasdaq Moves to Require Diversity for Listed Companies; and More

Math and reading test scores have dropped dramatically for Black, Hispanic and poor children due to COVID-19, new study warns. Results of lockdowns, home-schooling, and Zoom classrooms as a result of COVID-19 are starting to come in, and the numbers aren’t good. According to a review of more than 4…