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Page 1: Why Board Diversity Matters - NUS Business School · Why Board Diversity Matters • best practice • talent pool • correlation different stakeholders DIVERSITY MATTERS: GENDER
Page 2: Why Board Diversity Matters - NUS Business School · Why Board Diversity Matters • best practice • talent pool • correlation different stakeholders DIVERSITY MATTERS: GENDER

Why Board Diversity Matters

• best practice

• talent pool

• correlation

different stakeholders

DIVERSITY MATTERS: GENDER DIVERSITY IN ASIA-PACIFIC

Page 3: Why Board Diversity Matters - NUS Business School · Why Board Diversity Matters • best practice • talent pool • correlation different stakeholders DIVERSITY MATTERS: GENDER

DIVERSITY MATTERS: GENDER DIVERSITY IN ASIA-PACIFIC

• 10

• 100

• 1000

fares poorly

About the report

Page 4: Why Board Diversity Matters - NUS Business School · Why Board Diversity Matters • best practice • talent pool • correlation different stakeholders DIVERSITY MATTERS: GENDER

Highlights: All- male Boards Dwindling but Dominant

• decreased in 8

• 44.5%

• Over 50%

DIVERSITY MATTERS: GENDER DIVERSITY IN ASIA-PACIFIC

Page 5: Why Board Diversity Matters - NUS Business School · Why Board Diversity Matters • best practice • talent pool • correlation different stakeholders DIVERSITY MATTERS: GENDER

Highlights: More Women on Boards

18.6%

13.6%

13.2%

11.0%10.6%

8.3%7.4%

7.3%3.1% 2.1%

9.4%

DIVERSITY MATTERS: GENDER DIVERSITY IN ASIA-PACIFIC

Page 6: Why Board Diversity Matters - NUS Business School · Why Board Diversity Matters • best practice • talent pool • correlation different stakeholders DIVERSITY MATTERS: GENDER

Improvement visible, but slow

+1.9%

+4.5% +4.2%

-0.4%

+2.4%

-1.1%+0.6%

+1.5%

+1.1%

-0.3%

1.4%

DIVERSITY MATTERS: GENDER DIVERSITY IN ASIA-PACIFIC

Page 7: Why Board Diversity Matters - NUS Business School · Why Board Diversity Matters • best practice • talent pool • correlation different stakeholders DIVERSITY MATTERS: GENDER

Leadership of Women on Boards

• 3%

• 3.3 %

• India South Korea

• Japan

• Highest

lowest

DIVERSITY MATTERS: GENDER DIVERSITY IN ASIA-PACIFIC

Page 8: Why Board Diversity Matters - NUS Business School · Why Board Diversity Matters • best practice • talent pool • correlation different stakeholders DIVERSITY MATTERS: GENDER

Diverse Boards Outperform+5.9%

+5.1%+4.6%

+3.5%+3.4%

+2.4%+2.3%

+1.5%+0.4%

• Higher

• 9/10

<10%female

≥10%female

11.8%

15.4%

DIVERSITY MATTERS: GENDER DIVERSITY IN ASIA-PACIFIC

Page 9: Why Board Diversity Matters - NUS Business School · Why Board Diversity Matters • best practice • talent pool • correlation different stakeholders DIVERSITY MATTERS: GENDER

Gender diversity: IndustryDIVERSITY MATTERS: GENDER DIVERSITY IN ASIA-PACIFIC

Page 10: Why Board Diversity Matters - NUS Business School · Why Board Diversity Matters • best practice • talent pool • correlation different stakeholders DIVERSITY MATTERS: GENDER

Age diversity•

most age diverse

least age diverse

DIVERSITY MATTERS: GENDER DIVERSITY IN ASIA-PACIFIC

Page 11: Why Board Diversity Matters - NUS Business School · Why Board Diversity Matters • best practice • talent pool • correlation different stakeholders DIVERSITY MATTERS: GENDER

Academic BackgroundDIVERSITY MATTERS: GENDER DIVERSITY IN ASIA-PACIFIC

Page 12: Why Board Diversity Matters - NUS Business School · Why Board Diversity Matters • best practice • talent pool • correlation different stakeholders DIVERSITY MATTERS: GENDER

DIVERSITY MATTERS: GENDER DIVERSITY IN ASIA-PACIFIC

Summary of findings • low

• More fewer

• Few women

• driven by regulation,

• act ahead

Page 13: Why Board Diversity Matters - NUS Business School · Why Board Diversity Matters • best practice • talent pool • correlation different stakeholders DIVERSITY MATTERS: GENDER

DIVERSITY MATTERS: GENDER DIVERSITY IN ASIA-PACIFIC

What should be done• missed opportunity

• mindset

• best practices

– targets

– Disclose

– pipelineready

– transparent

• government led

Page 14: Why Board Diversity Matters - NUS Business School · Why Board Diversity Matters • best practice • talent pool • correlation different stakeholders DIVERSITY MATTERS: GENDER

9% 41%

41% 9%

Australia Stats

<10%female

≥10%female

12.7%

14.2%

DIVERSITY MATTERS: GENDER DIVERSITY IN ASIA-PACIFIC

Page 15: Why Board Diversity Matters - NUS Business School · Why Board Diversity Matters • best practice • talent pool • correlation different stakeholders DIVERSITY MATTERS: GENDER

23% 28%

23% 17%

China Stats

<10%female

≥10%female

14.0%

18.6%

DIVERSITY MATTERS: GENDER DIVERSITY IN ASIA-PACIFIC

Page 16: Why Board Diversity Matters - NUS Business School · Why Board Diversity Matters • best practice • talent pool • correlation different stakeholders DIVERSITY MATTERS: GENDER

34% 26%

16% 15%

Hong Kong Stats

<10%female

≥10%female

15.3%

18.8%

DIVERSITY MATTERS: GENDER DIVERSITY IN ASIA-PACIFIC

Page 17: Why Board Diversity Matters - NUS Business School · Why Board Diversity Matters • best practice • talent pool • correlation different stakeholders DIVERSITY MATTERS: GENDER

44% 41%

9% 6%

India Stats

<10%female

≥10%female

16.1%

21.2%

DIVERSITY MATTERS: GENDER DIVERSITY IN ASIA-PACIFIC

Page 18: Why Board Diversity Matters - NUS Business School · Why Board Diversity Matters • best practice • talent pool • correlation different stakeholders DIVERSITY MATTERS: GENDER

34% 35%

9% 16%

Indonesia Stats

<10%female

≥10%female

15.6%

16.0%

DIVERSITY MATTERS: GENDER DIVERSITY IN ASIA-PACIFIC

Page 19: Why Board Diversity Matters - NUS Business School · Why Board Diversity Matters • best practice • talent pool • correlation different stakeholders DIVERSITY MATTERS: GENDER

68% 28%

4%

Japan Stats

<10%female

≥10%female

7.8%

13.7%

DIVERSITY MATTERS: GENDER DIVERSITY IN ASIA-PACIFIC

Page 20: Why Board Diversity Matters - NUS Business School · Why Board Diversity Matters • best practice • talent pool • correlation different stakeholders DIVERSITY MATTERS: GENDER

Malaysia Stats

<10%female

≥10%female

17.1%

14.8%3%

52% 28%

17%

DIVERSITY MATTERS: GENDER DIVERSITY IN ASIA-PACIFIC

Page 21: Why Board Diversity Matters - NUS Business School · Why Board Diversity Matters • best practice • talent pool • correlation different stakeholders DIVERSITY MATTERS: GENDER

New Zealand Stats

<10%female

≥10%female

6.4%

9.8%47% 28%

21% 4%

DIVERSITY MATTERS: GENDER DIVERSITY IN ASIA-PACIFIC

Page 22: Why Board Diversity Matters - NUS Business School · Why Board Diversity Matters • best practice • talent pool • correlation different stakeholders DIVERSITY MATTERS: GENDER

<10%female

≥10%female

13.1%

15.5%52% 31%

13% 4%

DIVERSITY MATTERS: GENDER DIVERSITY IN ASIA-PACIFIC

Singapore Stats

Page 23: Why Board Diversity Matters - NUS Business School · Why Board Diversity Matters • best practice • talent pool • correlation different stakeholders DIVERSITY MATTERS: GENDER

84%

1%15%

South Korea Stats

<10%female

≥10%female

5.1%

7.4%

DIVERSITY MATTERS: GENDER DIVERSITY IN ASIA-PACIFIC

Page 24: Why Board Diversity Matters - NUS Business School · Why Board Diversity Matters • best practice • talent pool • correlation different stakeholders DIVERSITY MATTERS: GENDER