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Posted on 12/1/20 at 8:01 am to slackster
quote:
Quite a few studies suggest diverse boards lead to better financial and stock performance, but I’m a bit skeptical of the correlation/causation in those studies.
I’ve seen quite a few articles on this as well. I can’t recall any being in top journals though, so that gives me skepticism as well
Posted on 12/1/20 at 8:03 am to Oates Mustache
quote:
Clown show. I wish companies would start standing up to this BS.
Yes, and honestly, that's all it would take and much of this would go away.
Posted on 12/1/20 at 8:03 am to Aubie Spr96
WOW
Posted on 12/1/20 at 8:05 am to Jyrdis
quote:
I’ve seen quite a few articles on this as well. I can’t recall any being in top journals though, so that gives me skepticism as well
I don’t know how you separate the underlying business from the diversity of the board.
Posted on 12/1/20 at 8:05 am to Aubie Spr96
quote:
Our latest analysis reaffirms the strong business case for both gender diversity and ethnic and cultural diversity in corporate leadership—and shows that this business case continues to strengthen. The most diverse companies are now more likely than ever to outperform less diverse peers on profitability.
whole lot of weasel words there.
Posted on 12/1/20 at 8:09 am to Tony The Tiger
quote:
Imagine being that token board member. Everyone at the table knows you are placed there not because of your brain, but because of your skin color, sexual preference, or gender.
It may seem virtuous to some, but I would imagine it would wear on that board member knowing they are only there to fulfill a quota.
Nah, it's free money.
Posted on 12/1/20 at 8:11 am to Aubie Spr96
This country's best days are behind it.
Posted on 12/1/20 at 8:14 am to Aubie Spr96
quote:
It’d be hard for me to get enthusiastic about a corporate career track at this point
I tried this and would rather let 1992 Mike Tyson beat the frick out of me every day for 5 years straight than do it again. The corporate world is awful, nothing but losers with no personality, aspirations, or hobbies who want to nitpick and hate anyone who doesn’t suck up to them all day
quote:
With the way the Feds are treating small businesses
Big Tech is worse. I ran an ad this week and Google/Facebook are doing everything they can to make it as difficult as possible for whatever reason. I’d take self employment all day long but owning a small business is definitely challenging in today’s day and age where whoever can play the algorithms best, rather than who does the best job, makes the most money.
Posted on 12/1/20 at 8:15 am to Aubie Spr96
shite likes this makes me glad I don’t have kids
You provide a good education, help get them through college & while qualified they can’t get a job because they are a certain skin color.
It’s very disheartening thinking of my friends kids futures & what it will take for them to be successful adults
You provide a good education, help get them through college & while qualified they can’t get a job because they are a certain skin color.
It’s very disheartening thinking of my friends kids futures & what it will take for them to be successful adults
Posted on 12/1/20 at 8:18 am to Tony The Tiger
quote:It is worse for the minority who is there because they've earned it. They will be regarded as simply a beneficiary of the rule.
Everyone at the table knows you are placed there not because of your brain, but because of your skin color, sexual preference, or gender
Posted on 12/1/20 at 8:18 am to Forever
quote:
I ran an ad this week and Google/Facebook are doing everything they can to make it as difficult as possible for whatever reason.
That reason is you need to pay more money for "special" treatment.
Posted on 12/1/20 at 8:22 am to Centinel
Right 
please fill me in if you know something I don’t know
please fill me in if you know something I don’t knowPosted on 12/1/20 at 8:24 am to Aubie Spr96
What’s your reason? We searched but just couldn’t find two candidates that met our needs to help generate profit. The end
Posted on 12/1/20 at 8:25 am to kywildcatfanone
quote:
Yes, and honestly, that's all it would take and much of this would go away.
i've yet to see a company give a finger to the woke mob and receive any major backlash or suffer financially. CFA held their line on the gay stuff and they had one of the biggest days ever because of it.
Duck Dynasty said they were standing by the dad dude who made comments about homosexuality being a sin and said the show was over if they removed him.
Goya had a bunch of white people go buy their stuff just because they said their CEO said Trump has actually been good for our economy.
just tell these people to GFT and it will sort itself out.
Posted on 12/1/20 at 8:26 am to Aubie Spr96
quote:
explain why
Never really considered a career in investor relations, but I think I'd be good at that.
Posted on 12/1/20 at 8:32 am to lsuson
quote:
We searched but just couldn’t find two candidates that met our needs to help generate profit. The end
Wells Fargo CEO tried that. It didn’t end well for him.
LINK
quote:
NEW YORK -- Wells Fargo CEO Charles Scharf apologized Wednesday for comments he made suggesting it is difficult to find qualified Black executives in the financial industry.
Scharf said in a memo to employees “there is a very limited pool of Black talent to recruit from” in corporate America. The memo was written in June, but became public only this week.
This lead to their hire of a new diversity officer recently.
Posted on 12/1/20 at 8:38 am to slackster
quote:
To be fair, they’re not at risk of being delisted for having an all white male board. They just have to disclose it and explain it.
It's none of NASDAQ's damn business.
If shareholders don't like it, change will come.
Posted on 12/1/20 at 8:39 am to Aubie Spr96
Don’t mention color period.
Posted on 12/1/20 at 8:41 am to Aubie Spr96
quote:because they know the difference between making a real effort to be diverse and just bullshitting it
Wells Fargo CEO tried that. It didn’t end well for him.
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