Tag Archives: diversity

The Price of Principles: How Consumer Spending is Driving the Corporate DEI Debate

Carolina Sanchez – Costco Wholesale is making headlines for more than just its $1.50 hotdog combos. Costco shareholders recently took a decisive stance on diversity, equity, and inclusion (“DEI”) by overwhelmingly rejecting a proposal to assess any risks posed by its DEI practices–98% of its shareholders voted against the proposal. Meanwhile, other major corporations, including […]

Leave a reply
Photo by UN Women/Ryan Brown via Flickr.

SEC Approves Nasdaq’s Proposal to Increase Board Diversity

Alexa Rosen – Made effective on August 6, 2021, by the U.S. Securities and Exchange Commission (“SEC”), the Nasdaq Stock Market (“Nasdaq”) will now require each Nasdaq-listed company, subject to certain exceptions, to have at least two diverse board members or explain why it does not.  The following article provides a brief overview of the rule, […]

Leave a reply