Want To Be Classified As "Diverse"? According To ISS, Be A Member Of The Right Club
By EsqSocial Corporation 21/05/21
Earlier this week, I wrote about the classifications used by ISS in determining whether a director is "diverse". In short, I found ISS' scheme illogical and perverse. California's board diversity mandate uses different categories, but does not define them. Cal. Corp. Code § 301.4(e)(1). California, moreover, focuses solely on how a director's self-identification as a member of an "underrepresented community". ISS does not. ISS identifies and sources racial and ethnic characteristics...
By: Allen Matkins