Improving gender and racial and ethnic representation among corporate leaders and boards of directors has become an important goal for firms, shareholders, and other stakeholders. Beginning in 2020, Illinois corporations were required to file annual reports on the demographic composition of their boards of directors and report on their policies and practices for promoting diversity, equity, and inclusion among directors and executive leadership.
The Illinois Corporate Board Diversity Reports summarize the data found in these diversity and inclusion filings. The reports analyze aggregate female and racial and ethnic minority board representation, identify promising policies and practices that may improve board representation, and present individualized firm-rankings on gender and racial/ethnic representation. They are produced by Professors Richard Benton and Eunmi Mun.