24 November, 2017

Better Society: The ethnic composition of the boardroom

Investment professionals are anticipating a significant shift in the position of their industry, as only six per cent of this group believe ethnic diversity is a major consideration today.  Indeed, almost half (48%) currently believe the ethno-cultural composition of the board is no consideration at all.

When institutional investors were questioned as to why so many organisations have all white boards half (50%) said it was because people tend to recruit senior leaders in their own image and are slow to change.  A further 37% felt that boards don’t understand the financial value of having a diverse board.

 

This article was published by Better Society Network. To read the full Better Society article, click here. 

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