Corporate Board has more women in 25 largest initial public offerings (IPOs) of 2020
In the corporate boardrooms, majority of the directors were male but as time passes women are holding more seats in the boardroom. A growing body of research that monitors and promotes corporate board gender balance and equity has found that women occupy almost one-fourth of board seats in businesses covering the 25 biggest initial public offerings (IPOs) in 2020. It is beneficial for companies to have women on board, in terms of better profitability and productivity, to improvements in workplace culture.
The Securities and Exchange Commission (SEC) has also been suggested with many proposals to adopt new listing rules that would require all companies listed on Nasdaq's U.S. exchange to have at least two different directors, one self-identifying as female and one self-identifying as either an under-represented minority or LGBTQ+.
