Does Gender Diversity on Boards Really Boost Company Performance? - Answer: no.

Quackdot · 2018-02-05T06:39:09+00:00

This is an old article, but I can't say I'm surprised. If people are hiring because of what they are (gender, race, religion, etc) instead of who they are (personality, skills) then that is anti-meritocratic, which means the company isn't hiring the best people suited for the job.

If a company isn't hiring based on merit then it's no wonder that company performance doesn't improve. This is why equality of outcome is far more dangerous than equality of opportunity.

furchfur · 2018-02-05T09:26:19+00:00

Every investor knows this. They do their own research, if their was a link these share valuations would be way up. But they are not. GSK is a very interesting one to watch. In the past year a new female CEO has replaced nearly all the senior management with a 50% split of females. The share price is 20% lower than when she took over. I am not saying the two are linked at all. It is just one to watch at least one for me,since it has become very female orientated. (this has been an intentional policy). The share price needs to get above £15.50 for it to be in profit. If this share flies then their could be something in having a more even split but I am yet to be convinced it makes any difference either way.

mikesteane · 2018-02-05T12:51:37+00:00

Either way, there is no need for legislated quotas. If gender diversity improves company performance, then market forces will promote without need for legislation. If it does not, quotas will impede effectiveness and profitability thus reducing the tax that will be paid.

Nafti45 · 2018-02-05T13:51:31+00:00

You know, I have an idea. We create a software almost like Skype but that disguises a person's voice and face. Then, business owners would not know anything about a person except their work. Everybody would work from home, and for interviews and meetings, the manager could use this software to talk to people without being descriminated at all for any reason.

bastardstepchild · 2018-02-05T15:43:10+00:00

So what you’re saying is that hiring the best qualified people regardless of fashionability is the key to success? Sadly, this will almost definitely be ignored by the people who ought to be paying attention.

Hirudin · 2018-02-05T23:01:05+00:00

Everyone is the same.
Diversity is beneficial.

Pick one.

minsheng · 2018-02-05T17:22:19+00:00

The article suggests that there is weak connection between performance and diversity. However, since it is believed that females in executive teams are usually hired not on a merit basis, would that imply that with better women the performance could actually improve?

Title	Does Gender Diversity on Boards Really Boost Company Performance? - Answer: no.
Author	EricAllonde
Upvotes	210
Comments	20
Date	February 5, 2018 6:16 AM UTC (8 years ago)
Subreddit	Posted in /r/MensRights
Original Link	https://old.reddit.com/r/MensRights/comments/7vcvnv/does_gender_diversity_on_boards_really_boost/
Archive Link	https://theredarchive.com/r/MensRights/does-gender-diversity-on-boards-really-boost.906483 https://theredarchive.com/post/906483

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