Diversity Confirmed To Boost Innovation And Financial Results

“Diverse and inclusive cultures are providing companies with a competitive edge over their peers.” This quote summarizes conclusions from The Wall Street Journal’s first corporate ranking that examined diversity and inclusion among S&P 500 companies. The Journal’s researchers’ work joins an ever-growing list of studies by economists, demographers, and research firms confirming that socially diverse…

Employees Leave When Employers Are Unfair

Diversity and inclusion are not nice to have. They are not irrelevant to or a drag on financial returns. They are essential for risk management and avoiding unnecessary costs. Companies like to say in their annual reports that their people are their most important asset. Diversity and inclusion — along with pay, training, and turnover…

Report: Moving Toward Gender Balance in Private Equity and Venture Capital

  A new study from the IFC, Oliver Wyman, and Rock Creek investment management explores the link between financial returns and gender diversity; the lack of women in the industry; and steps needed to achieve gender balance. One of the key findings of the report is that private equity and venture capital funds with gender-balanced…

PWC on Corporate Boards: Cyber Threats, #Metoo, Diversity, and What Shareholders Want

PWC on Corporate Boards: Cyber Threats, #Metoo, Diversity, and What Shareholders Want PWC’s annual director survey is one of our most trusted resources on corporate governance from the perspective of the boardroom, and this year’s edition has some significant findings on issues like diversity, CEO pay, climate change, cybersecurity, and the gap between what board members…

Finally, Evidence That Diversity Improves Financial Performance

This is an exceptionally thoughtful and important study about the financial benefits of diversity. When managers and scholars talk about diversity’s impact on organizations and teams, they’re usually referring to the effects on collective accuracy and objectivity, analytical thinking, and innovativeness. On “harder” measures of financial performance, researchers have struggled to establish a causal relationship…

BlackRock Partners with Thomson Reuters to launch industry’s first inclusion & diversity fund | Thomson Reuters

BlackRock has collaborated with Thomson Reuters to launch an exchange traded fund (ETF) to provide investors with a way to invest in companies across developed and emerging markets that promote diversity and inclusion practices, which have been shown to benefit companies’ long-term performance.The iShares Thomson Reuters Inclusion & Diversity UCITS ETF (Ticker: OPEN, the “Fund”)…