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Wow, I think anyone with any basic logic course under their belt can see many cause and effect fallacies going on here. I'd expect a little more from Bloomberg.
by dinkumthinkum 14y ago
Wow, I think anyone with any basic logic course under their belt can see many cause and effect fallacies going on here. I'd expect a little more from Bloomberg.
Is it that they perform better because there are women on the board, that women make better decision, or that companies that perform better are more likely to also have women on the board? It could be any number of things and any reasonable person wouldn't even need these things spelled out for them.
- einhverfr 14y agoIndeed not only that could be that mixing genders means mixing perspectives and this leads to better decision-making. Additionally if a business is seen as a riskier investment does this mean that women would be less interested in investing time/money in it?
- kolinko 14y agoIf mixing perspectives is better for boards, does it mean they would benefit from putting more anarchists, Inuits and children on board? They also deliver other perspectives.
- einhverfr 14y agoYou know, Quakers still give children over a certain age (depending on meeting, maybe 7) full veto power over meeting business. And anarchists might have some helpful insights. I don't know what you have against Inuits though.
- kolinko 14y agoI'd say that if you'd bring in an average Inuit into a board meeting, you'd have some language problems, and you'd have to explain a lot of things to him. My argument is that there is such a thing as "too much diversity" - if a group that has to make some kind of a decision is too diverse, it will have communication problems. Therefore it's not as simple as saying "oh, anything that brings in more diversity is better for a board".
- einhverfr 14y agoIf the Innuit doesn't know anything about the business, then there is a different issue. If the business is drilling for oil in the Arctic, I think the average Innuit would have something important to say, though. But how many average anything do you see on boards of directors, I wonder.
- bsphil 14y agoThere's an awfully large gap between including female business professionals and including anarchists, Inuits, and children in a board meeting.
- roguecoder 14y agoOn the other hand, I find any of those interesting and news-worthy. And regardless, I would be interested in seeing the performance of a fund based on % women on the board versus the general stock market.