Nel momento in cui in tutto il mondo è in atto un grande dibattito sulle donne nei consigli di amministrazione delle società quotate, è’ con grande piacere che pubblico un articolo di Brad Allen già apparso su Inside Investor Relations il 7 u.s. relativo alla composizione del Consiglio di Amministrazione di Facebook, società quotanda, composto di soli uomini. Cosa ne diranno gli investitori?
Social network draws ire for lack of female representation on board as it sets off on path to flotation
A message for Mark Zuckerberg: Forget the feature-length movie you didn’t care for, the profiles flattering and otherwise in virtually every business magazine, online scrutiny of your dietary habits and dissection of your college dorm business deals. You’re about to enter the spotlight for real.When a company undertakes one of the largest IPOs in history, it becomes a vehicle for all sorts of activists, onlookers, observers and commentators (this writer included) to make whatever case he or she deems important.In fact, it’s already happened. Before the virtual ink was dry on Facebook’s long-anticipated S1 filing, the IPO was described as ‘no friend to women’ because all seven members of the board are men.
‘Outrageous’
‘It’s outrageous that Facebook, representing a new genre of American company, could not find a single woman director,’ writes Malli Gero, principal of 2020 Women on Boards, the Boston-based organization leading a campaign to achieve 20 percent female board representation by the end of the decade. Citing a Pew Research Center study, Gero says Facebook’s all-male board ignores ‘the fact that a majority of its users are women.’ According to a 2010 study by Pew’s Internet & American Life Project, Facebook is the dominant social network platform, with 92 percent participation among users of social media, and 56 percent of social media users across all platforms are female.
Stakeholder expectations to grow
IROs know how easily any company’s genuine milestones or achievements can be overshadowed by external events.The Facebook saga illustrates how Silicon Valley’s reputation for innovation, matched by an atmosphere of testosterone-fueled hoopla and hype, still exists in the larger world of stakeholder expectations. Zuckerberg and Facebook have changed the world from Cambridge to Cairo with what they brought to the marketplace.Now they are being asked to change the world by how they behave in the market – and they’ll have lots of people watching. Welcome to the world of public company scrutiny.
Bianca Fersini Mastelloni
Bianca Fersini Mastelloni is Chairman and CEO of Polytems HIR. She is a seasoned consultant in Corporate Communication with extensive experience for over 30 years. Since 1999 she is active in Investor Relations and Financial Communication for companies listed on the major financial markets. Bianca provides strategic IR, corporate access in Italy, Europe, USA, investor’s market intelligence, profiling investors, critical communication and reputation. A scholar of issues pertaining to Communications and Investor Relations. Bianca studied at SUNY – State University of New York, Buffalo and at Boston University, Boston, and she works as lecturer with some Italian University. Bianca is author of the book Investor Relations ed Etica , Efficacia e Vantaggi Competitivi - edited from Guerini e Associati - as of as several articles about Investor Relations and financial communication. Bianca has been selected as the most influential CEO 2023 in Italy for Investor Relations and Financial Communications by CEO Monthly, the international publisher of AI Global Media.