Another ridiculous article, this time in Forbes, implying a causal link between increasing diversity on corporate boards and improved corporate performance – Coronavirus And The Gender Pay Gap: An Excuse To Avoid Uncomfortable Facts. Ms Cox writes:
Research shows that Fortune 500 companies with the highest representation of women on their boards significantly outperform others. And companies with a smaller gender pay gap are likely to be more successful at attracting female talent which translate directly into a healthier bottom line.
Followers of this website should not need no reminder of the evidence compiled by Campaign for Merit in Business many years ago, demonstrating a causal link between increased gender diversity on boards and corporate financial decline. The evidence is here.
The blithering idiot ends her article with this:
What will differentiate a satisfactory performance from an outstanding one might well be culture. There are of course many ways to safeguard corporate culture, but treating gender pay gaps with the attention and urgency they deserve is certainly a good place to start.
The attention and urgency that gender pay gaps deserve are precisely zero.
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