A piece in yesterday’s Evening Standard. Following the recent cabinet reshuffle, Home Secretary Amber Rudd has also taken on the mantle of the most absurd job title in government, Minister for Women and Equalities. And she’s lost no time in confirming that in common with the holders of all such titles, starting with Harriet Harman, she’s a liar. The start of the article:
Companies were today told to increase their profitability by appointing more women to top jobs as Home Secretary Amber Rudd warned that it made “no sense” to fill boardrooms with men.
In her first public appearance since taking charge of the Government’s equalities policy, Ms Rudd said firms were more likely to outperform their rivals if they had greater diversity in their senior ranks. [J4MB emphasis]
She also called on businesses to close the gender pay gap by promoting more women from junior ranks, changing recruitment practices and allowing flexible work patterns.
The claim of a causal link between more women on boards and improved corporate performance has been known to be a lie since at least 2012. Evidence from longitudinal studies very clearly shows a link between more women on boards, and corporate financial decline – here.