Diversity Articles ... Worth Reading
“Striving to increase workplace diversity is not an empty slogan — it is a good business decision. A 2015 McKinsey report on 366 public companies found that those in the top quartile for ethnic and racial diversity in management were 35% more likely to have financial returns above their industry mean, and those in the top quartile for gender diversity were 15% more likely to have returns above the industry mean… ” More at Harvard Business Review
State Street execs finally believe the research tying diversity to better financial performance, and they’ll use their votes to improve boardroom diversity. State Street to Start Voting Against Companies That Don’t Have Women Directors
“Firms won’t have an exact quota for compliance with State Street’s mandate, but must prove they attempted to improve a lack of diversity…” more at WSJ.