Legal Profession

Title

Diversity Matters

Document Type

Issue/Research Brief/Blog

Publication Date

11-2014

Keywords

diversity, achievement, legal profession

Abstract

Researchers examined the relationship between level of diversity at leadership levels and the company financial performance. Diversity was defined as women and people of color. There was a statistically significant relationship between a more diverse leadership team and better financial performance. Companies with leadership in the top 25% of racial diversity were 30% more likely to have financial returns above their industry median. Companies with lower than average diversity were lagging in financial returns.

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