More of the usual whingeing. Our thanks to Jeff for this. What can we say in response? Perhaps:
Oh dear. How sad. Never mind.
An extract from the press release:
“Given recently reported research by EY that women account for 45% of people
sitting on the boards of the UK’s top listed banks, asset managers, fintech companies
and insurance firms, the data suggests that women who do rise to senior levels within
financial services firms are more likely to hold non-executive positions (which
typically do not have internal management responsibilities) than be the key
decision-makers.”
Well, that’s a relief, at least. We wouldn’t want women to be “key decision-makers”, would we, given their dire track record on company boards? They’re better suited to well-paid cushy unnecessary positions without “internal management responsibilies”. That said, even as NEDs they have (predictably) a negative impast on corporate financial performance, as Campaign for Merit in Business has been highlighting since 2012. The evidence of a causal link between increasing gender diversity on boards and corporate financial decline is here.
We wouldn’t expect a (male) soccer team to be improved by the inclusion of female players, would we? To expect otherwise is as ridiculous and laughable (let’s just admit it, as silly) as expecting companies to perform better with the inclusion of more women on their boards. Which is why we have a related website, Laughing at Feminists.
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