found that firms pay a steep price for their efforts to increase board diversity.
Why? One possible explanation has to do with the way the market perceives a firm’s interest in promoting diversity in the boardroom. Neither of these explanations seems likely to the researchers. For one, they note that increasing board gender diversity has not been shown to correlate with any real decrease in company performance, nor hasInstead, the authors believe it is a consequence of the fading, but still relevant, stereotype that females are less competent in business than males.There are some sports in which men have a clear advantage over women. A newshows that horse racing isn’t one of them.
Why attach this photo to the article?
That (the headline) may be disputed by science: