The Shaky Case for Mandating Gender Diversity on Corporate Boards

It’s a good time to be a female business executive in America. The percentage of firms with female CEOs is rising, and a recent report by the Women Business Collaborative predicts that the number of S&P 500 firms led by women will roughly double by 2025. The share of women in board of directors seats at Russell 3000 firms has increased from 15.1 percent to 25.2 percent in just the last five years. The number of female MBA students has also increased, rising toward parity in one of the few areas of higher education where women don’t already outnumber men.