Over the past few years, @McKinsey has released at least 4 studies claiming a positive relationship between DEI and firm performance.
A new paper published today in @EconJWatch finds these results can't be replicated.
''Our inability to [replicate] their results suggests that … they should not be relied on to support the view that US publicly traded firms can expect to deliver improved financial performance if they increase the racial/ethnic diversity of their executives.''
McKinsey LIED.
THE WHOLE 'INTELLECTUAL' JUSTIFICATION FOR DEI IS A SCAM!!!
https://twitter.com/realChrisBrunet/status/1774840588015120433