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
Over the past two decades, the concept of “board diversity” has been synonymous with female representation on boards. Since 1999,
, a unit of Morgan Stanley Investment Management, examines whether racial and ethnic board diversity can have a positive effect on stock performance.
As executive compensation advisors to the boards of many prominent publicly traded companies, we are
...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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