Bogan, Vicki L.; Potemkina, Ekaterina; Yonker, Scott E. - 2021
We investigate the trends and drivers of racial diversity on U.S. corporate boards. We document that U.S. boards are … minority directors. This reversal coincides with the commencement of the racial justice movement as well as diversity … groups. In contrast, the California diversity mandate has thus far, primarily benefited racial groups that are not …