• Wednesday, August 17, 2022


Businesses in UK asked to do more to promote diversity

Shanu Hinduja feels female entrepreneurs were frozen out by a “deeply patriarchal” system that often refused to fund their ventures. (PATRICIA DE MELO MOREIRA/AFP/Getty Images)

By: Keerthi Mohan

Companies in Britain have been ordered to tell its shareholders the efforts they have taken to introduce diversity to the boardroom. This is part of a drive to get more women and ethnic minorities into senior positions. According to a research by the University of Exeter Business School commissioned by the Financial Reporting Council, only 15 companies in the FTSE 100 index of biggest listed businesses comply with rules about reporting on their diversity policies. The Financial Reporting Council is the regulatory body and chief standards setter for auditors, accountants and actuaries in the UK and Republic of Ireland. It…

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