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March April 2012

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AACSB Bridge Program June 3–8, 2012 | Columbus, Ohio, USA Fisher College of Business, The Ohio State University Transitioning executives into educators. For years, AACSB's Bridge Program has been refining today's business leaders into tomorrow's most effective business school educators. From creating an engaging learning environment to developing the teaching skills that inspire and mentor today's students, the Bridge Program is ideal for helping you: • Develop PQ candidates into skilled faculty members. • Invest in the expertise and aptitude of your current PQ faculty. • Hire experienced alumni of the Bridge Program. Applicants are screened to ensure they meet the accreditation standards for PQ faculty, and the program welcomes senior-level business professionals from any industry or discipline. Learn more at www.aacsb.edu/Bridge centage of board seats women hold in companies around the world, compared to Catalyst's desired benchmark of 50 per- cent. Out of 44 countries, Norway holds the top spot at 40.1 percent, with Sweden a distant second at 27.3 percent. Round- ing out the top five are Finland (24.5 percent), the United States (16.1 percent), and South Africa (15.8 percent). The bottom five include Bahrain (1 percent), Japan (0.9 percent), the United Arab Emirates (0.8 percent), Qatar (0.3 percent), and Saudi Arabia (0.1 percent). "Women on Boards" can be found at www.catalyst.org/publication/433/ women-on-boards. n Another study conducted by research- ers at Harvard Business School in Bos- ton, Massachusetts, and Catalyst focuses on women's impact on corporate social responsibility. It finds that U.S. companies with women in senior leadership positions engage in more socially responsible activities than those with fewer women in those roles. According to "Gender and Corporate Social Respon- sibility: It's a Matter of Sustainability," Fortune 500 companies with no women directors contributed an average of US$969,000 to charitable causes in 2007, compared to $27.1 million by those with three or more women on their boards. The report finds that each additional woman on the board equates to a $2.3 million increase in giving. For every 1 percent increase in a company's women corporate officers, its annual giving increases by $5.7 million. "Operating with gender-inclusive leadership can provide diverse perspectives on fairness, which may broaden the company's understanding of CSR," the authors write. Furthermore, they continue, "when For every 1 percent increase in a company's women corpo- rate officers, its annual giving increases by $5.7 million. leaders spotlight gender issues in their CSR strate- gies, they often position their organization for sus- tained growth, and the payoff extends beyond the company to society." The study can be found at www.catalyst.org/ publication/507/gender-and-corporate-social- responsibility-its-a-matter-of-sustainability. BizEd March/April 2012 53

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