All-Male Boards Could Face New Pressure From Shareholder Adviser ISS
Anders KeitzBradley Keoun /
The Street
A growing number of investors and corporate-governance experts say an absence of women on boards can be a detriment to shareholder returns. Last year, State Street Corp. (STT - Get Report) , a big money manager, voted against the reelection of directors at 400 companies that failed to take steps to add women to their boards, the company said in a press release.