> I would expect a company with more diverse leadership to outperform, because they are able to access more talent. You implicitly assume that the performance

> I would expect a company with more diverse leadership to outperform, because they are able to access more talent. You implicitly assume that the performance of a leadership team is the sum of the talent of its members. I'm sure that's important, but the more direct variable to study (somehow) would be how similar people's backgrounds are. If they are all precisely alike, then they'll miss perspectives and be blindsided. But if they are totally different, then they will struggle to communicate their assumptions, and also won't perform well. So I'd expect honest research to show a U-shaped loss curve. Or more realistically, to have gathered cautionary tales of companies that fell apart for both of these reasons.