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Well, it would be annoying in general (beyond this specific case, let's assume an instance we agree on) because it confuses an ethical stance with a factual sta
by Udik 6y ago
Well, it would be annoying in general (beyond this specific case, let's assume an instance we agree on) because it confuses an ethical stance with a factual statement. In this case, right with the profitable. Say that tomorrow we find out that more diverse companies perform slightly worse- what do you do? Do you change your opinion on diversity? I guess you don't, because diversity is ethically desirable, whatever its consequences. So wouldn't be more honest to say that we don't really care about the effect on the company's performance?
And for the specific case, I think it's very hard to prove that more diverse boards make companies more successful- there are a ton of spurious correlations and confounding factors, plus an understandable desire to obtain one result and not the other. Do you have any good research to point me to?