1. Harvard Law Professor Warns Nasdaq's Proposed Board Diversity Rule Would Harm Investors

    Harvard Law Professor Warns Nasdaq's Proposed Board Diversity Rule Would Harm Investors

    Jesse Fried is the Dane Professor of Law at the Harvard Law School. He and Lucian Bebchuk wrote the book, Pay without Performance: the Unfulfilled Promise of Executive Compensation, a critical assessment of corporate governance and executive compensation. A few days ago, he posted a paper that challenges what many, including Nasdaq, regard as an incontrovertible fact - board diversity improves financial performance...

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