Board diversity at the top 100 in China
On 28 August 2023, ACGA released a research report, titled “Are private issuers closing the gender gap?”, on the board diversity at the top 100 in China.
We looked at the top 100 companies in the PRC by market cap for the latest data on female directors. There were some grim findings, including the handful of women chairing these boards and 20 companies with no female directors. But we did find a few reasons to be optimistic, including the effect a female nomination chair can have on the board demographic and a cluster of privately-owned firms raising the diversity bar.