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Do any Fortune 500 boards have diversity in socioeconomic status?
by syedkarim 7y ago
Do any Fortune 500 boards have diversity in socioeconomic status?
- burkaman 7y agoWell, there's 29 German companies in the Fortune 500, and all of them are required to have half of the board be elected by the workers, so I imagine some of them should have socioeconomic diversity.
- scarejunba 7y agoIs it true, though, about those 29 having diverse boards? Working class folks don't necessarily vote in working class folks.
- vikramkr 7y agoI think economically they'll have boards with people that started out at different points in life, probably vastly skewed towards people that had head start of some form or another, and you can probably tease apart economic diversity through figuring out where people started. In terms of in the present day though, the pay for being on the board is alone enough to knock these members into the 1%, and by definition they've succeeded in the current system, so I don't know if it's physically possible to have that sort of diversity