Is there a business case for Board Diversity?
Business World / June 6, 2023 | 12:04 am
Despite the many studies from different countries on the benefits of board diversity — with at least 90 (and counting) all pointing to a correlation between more women on boards and companies’ better financial performance — there remains skepticism or hesitancy among organizations on adopting policies to make their boards more diverse, and not only in gender, age, and skills, among others. Thus, in my gender equality and women’s economic empowerment advocacy work, I am often asked: “Is there a business case to be made for board diversity?”
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Ms. AURORA “Boots” D.
GEOTINA-GARCIA
Member of the MAP ESG Committee
and the MAP Diversity & Inclusion Committee
Founding Chair and President
of Philippine Women’s Economic Network and
President of Mageo Consulting Inc.
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