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I would modify #2 Generally its not as profitable to go by DEI guidelines, but it does have an anticompetitive effect because smaller orgs simply cannot afford
by corbulo 4y ago
I would modify #2
Generally its not as profitable to go by DEI guidelines, but it does have an anticompetitive effect because smaller orgs simply cannot afford to do it.
It's similar to how regulations effect businesses. If there are enough regulations the only ones that can afford to stay compliant are the ones with teams of lawyers. Which is why megacorps lobby for more regulations. It prevents competition from sprouting up.
- object-a 4y agoI don’t know if this is true — we’re largely talking public companies here, which should have resources to meet compliance and governance goals. If they can’t, then they are probably riskier investments. But even if I accept it as true, it doesn’t contradict point 2, which is that investors think they’ll see better or more stable returns