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Norway fund wants more women on boards, concerned about excessive CEO pay


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Norway fund wants more women on boards, concerned about excessive CEO pay

Business

Category: Business News

Norway’s $1.4 trillion wealth fund, the world’s single largest stock market investor, is to step up pressure on the companies it invests in to have more women board members and to also reduce excessive executive pay, a top fund official said.

The fund is one of a growing number investors and policymakers pushing to put more women in company boardrooms. Having a broader range of experiences around a boardroom table has been shown to improve decision-making and corporate culture.

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Source: Reuters

Published: April 19, 2024