id	author	title	date	pages	extension	mime	words	sentence	flesch	summary	cache	txt
cblr-2874	Smallman, Tamara S.	The Glass Boardroom: The SEC’s Role in Cracking the Door Open so Women May Enter	2014	53	.pdf	application/pdf	16017	670	50	REV. 61, 87 (2012); Thomas Lee Hazen & Lissa Lamkin Broome, Board Diversity and Proxy Disclosure, 37 U. DAYTON L. REV. 39, 44 (2011). 8 Business rationale relies on market-based and economic-based justifications in supporting board diversity. In 2012, women held just 117 of the 568 directorships among the Fortune 50, amounting to less than twenty-one percent of total board seats.2 The ongoing debate over gender diversity in the boardroom, as well as acknowledgement of shareholder interest in board diversity, led the Securities and Exchange Commission (SEC) to adopt various amendments to its proxy disclosure rule in 2009.3 The present status of diversity disclosures under these amendments has not been 1 Women represented fifty-three percent of new hires in 2011.	cache/cblr-2874.pdf	txt/cblr-2874.txt