DEI Rules That Changed Corporate Boards Are Vanishing
Market Intelligence Analysis
AI-PoweredA recent analysis by the Wall Street Journal found that S&P 500 companies are not adding women and minority directors at a faster rate than they were a decade ago, despite the increasing popularity of DEI policies. This suggests that companies may not be prioritizing diversity, equity, and inclusion goals. Anti-diversity activists' efforts to abolish DEI policies may not be the primary reason for this trend.
Market impact analysis based on bearish sentiment with 80% confidence.
Article Context
Anti-diversity activists are going after DEI policies for corporate boards, but a new analysis finds that companies have largely abandoned those goals already. S&P 500 companies are adding women and minority directors no faster than they did a decade ago, shortly before diversity, equity and inclusion policies became more common across the corporate world, according to a Wall Street Journal analysis of board data. “It shows that all along, this was expendable,” said Doug Chia, president of consulting firm Soundboard Governance.
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