Thing is, they actually made up a study that showed “diversity” in company leadership helped increase profits. The government will point to that when companies complain about the rules.
I don’t have the link, but I’m sure you could find it in a web search.
They didn’t have to make up studies. It’s been all over academic literature for a decade.
The fact that it’s not only accepted but heralded to look at a board members skin color or diversity points, and think that’s somehow related to firm value is absolutely nightmarish.
Thing is, they actually made up a study that showed “diversity” in company leadership helped increase profits. The government will point to that when companies complain about the rules.
I don’t have the link, but I’m sure you could find it in a web search.
They didn’t have to make up studies. It’s been all over academic literature for a decade.
The fact that it’s not only accepted but heralded to look at a board members skin color or diversity points, and think that’s somehow related to firm value is absolutely nightmarish.