The largest companies in the US continued their diversity push last year,
- Coalition Members News
Does Ethnic Diversity on Corporate Boards Affect Stock Prices?
Diversity in corporate hiring has become more than a social imperative. Today, many companies see workforce diversity as a strategy to help attract and retain talent, enhance intellectual
As executive compensation advisors to the boards of many prominent publicly traded companies, we are
- References&research
What Drives Racial Diversity on U.S. Corporate Boards?
Over the past two decades, the concept of “board diversity” has been synonymous with female representation on boards. Since 1999,
- Coalition Members News
Does Ethnic Diversity On Corporate Boards Affect Stock Price
A new study from Calvert
, a unit of Morgan Stanley Investment Management, examines whether racial and ethnic board diversity can have a positive effect on stock performance.
...we find that banks with more gender diversity on their board perform better once the composition of these boards reaches a critical level of gender diversity, corresponding to a board female share of around 13-17 percent.
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