>Companies in the top quartile for racial and ethnic diversity are 35 percent more likely to have financial returns above their respective national industry medians.
>Companies in the top quartile for gender diversity are 15 percent more likely to have financial returns above their respective national industry medians.
>Companies in the bottom quartile both for gender and for ethnicity and race are statistically less likely to achieve above-average financial returns than the average companies in the data set (that is, bottom-quartile companies are lagging rather than merely not leading).
>In the United States, there is a linear relationship between racial and ethnic diversity and better financial performance: for every 10 percent increase in racial and ethnic diversity on the senior-executive team, earnings before interest and taxes (EBIT) rise 0.8 percent.
>Racial and ethnic diversity has a stronger impact on financial performance in the United States than gender diversity, perhaps because earlier efforts to increase women’s representation in the top levels of business have already yielded positive results.
>In the United Kingdom, greater gender diversity on the senior-executive team corresponded to the highest performance uplift in our data set: for every 10 percent increase in gender diversity, EBIT rose by 3.5 percent.
>While certain industries perform better on gender diversity and other industries on ethnic and racial diversity, no industry or company is in the top quartile on both dimensions.
>The unequal performance of companies in the same industry and the same country implies that diversity is a competitive differentiator shifting market share toward more diverse companies.
because darkies work harder for less youre an idiot if you think diversity shilling is about principles
Brandon Brooks
>Sup Forums UTTERLY AND COMPLETELY BTFO
This isn't Sup Forums.
Ayden Ramirez
>racial differences don't exist >this study shows that companies with more people of other races perform better!!!
Lucas White
>one study changes evrythang!
Cooper Miller
dont be racist user
Nolan Brooks
This is the suburb of Sup Forums anyway so who cares.
Charles Diaz
>Shareholders request that the Board of Directors adopt an accelerated recruitment policy requiring Apple Inc. (the “Company”) to increase the diversity of senior management and its board of directors, two bodies that presently fails to adequately represent diversity (particularly Hispanic, African-American, Native-American and other people of colour).
>This proposal would require the Board to adopt an accelerated recruitment policy for increasing diversity among senior management and the Board. We believe that the proposal is unduly burdensome and not necessary because Apple has demonstrated to shareholders its commitment to inclusion and diversity, which are core values for our company.
Connor Green
which one is it mate I'm dying to know
Lucas Scott
correlation = causation, the post
Mason Phillips
OP TOLD
After Norway introduced a mandatory 40 percent quota of women on (supervisory) boards of directors for all publicly listed firms, the value of those companies has decreased as a result for several reasons. This is one of the key findings of a study conducted by two US American Finance professors from the University of Michigan. The researches examined a total of 248 listed Norwegian companies using stock market information. First, they found that the imposed quota caused a significant drop in stock prices following the announcement of the law in 2003. At that time, women held nine percent of board seats in total.
>hire non white immigrants >pay them far less than what a native worker would expect for the same job >hold the fact they can only stay in the country due to your company's sponsorship over their heads making sure they work hard and beyond the call of duty due to the threat of upsetting you and being deported >fire your older native workers who have higher pay >don't spend money training new native workers since you can hire from non white immigrants who have experience from their home country >??? >profit
Ayden Miller
You lack the Brain to understand the correlations of this findings
Hudson Sanchez
spell it out for me
Zachary Brown
Doesn't work here. Most of our minorities can't handle shit. They're lazy or dumb or both. Russians don't have a good working ethinc as far as you know so you can imagine some other ethnicities here. take them for more diversity, please.
Kayden Baker
t ready for their jobs probably. But yes, any quotas are retarded.
Luke Adams
*These women weren't ready
Aaron Nguyen
This. Even if Sup Forums fully boots off Sup Forums colonists we will always be known as that board that couldn't do anything but complain about who's whiter and less cucked.
Zachary Johnson
>international mega-corporations out-compete small local companies
You don't say
Brody Sanchez
>The main reason for the decline identified by the researchers was the fact that companies had to appoint relatively inexperienced women to the board: They were on average eight years younger than their male predecessors and had significantly less top management experience (measured by years in CEO positions). The situation was also caused by the short time span the law allowed the companies to comply with the quota.
>We should not jump to drastic or all too negative conclusions,” Diversity expert Michael Stuber warns. Many more studies in fact prove the superior performance of gender-mixed teams and of companies with mixed leadership teams. One from Credit Suisse Research was portrayed in a previous issue of the German edition of this newsletter, and seven more are included in the International Business Case Report (IBCR 2012-XL), which also boasts six more studies confirming a positive relation of Diversity Management and shareholder value. The most recent study on the matter was conducted among Israeli companies. It found that boards with three or more women directors were twice as likely to request further information and to take decisions leading to higher return on equity and net profit margins compared to companies with less gender diversity. Moreover, all directors were found to be more involved when at least three women directors were in board meetings.
>“What characterises the cases with positive impact of Diversity is the acceptance of differences in the team, especially when the mix has been developed organically, without artificial pressure and based on meritocracy,” Stuber summarises the evidence from more than a decade of research
Quotas are stupid and result in inexperienced and unqualified people being promoted and hired.
When women and people of colour get more influence in a more organic manner however, they start to outcompete companies run by solely white men.
White men status = still BTFO
Adrian Hall
You are retarded the correlation is litterally the opposite -sucessfull corporations are enforcing racial quota because of the ESG policy of their HR.
What prove my point is that we see a worsening in performance once quota started to be enforced:
