Daily BriefsESG

Daily Brief ESG: For Diversity to Be Perceived as Not Special and more

In today’s briefing:

  • For Diversity to Be Perceived as Not Special, Managers’ Recognition Needs to Move Toward DE&I


For Diversity to Be Perceived as Not Special, Managers’ Recognition Needs to Move Toward DE&I

By Aki Matsumoto

  • Metrical’s research shows that % of female board members has significant positive correlation with ROE(2019), with ROA(2020), with ROA and Tobin’s Q(2021), and with ROE, ROA and Tobin’s Q(June 2023).
  • A measure of a company’s seriousness about diversity is the ratio of internal executive directors. Female directors rely heavily on outside directors and are rarely promoted from within the company.
  • To bring value to a company, diversity must be built in at every workplace level, but fewer female employees than male are promoted to managerial positions in two-thirds of companies.

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