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Investors Penalize Companies for Adding Women to Their Boards
Bloomberg | November 25, 2019 | Jeff Green

Posted on 11/25/2019 9:46:20 AM PST by karpov

No excerpt from Bloomberg allowed, story here.


TOPICS: Business/Economy
KEYWORDS: corporateboards; quotas
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Related thread: California’s Board Diversity Tax A study finds that a director mandate cost companies $60 billion.. Investors won't mind if a woman is added to a board because of her knowledge and experience, but they will if she is hired to meet a quota.
1 posted on 11/25/2019 9:46:20 AM PST by karpov
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To: karpov

It’s not because they are women, it’s because they are (rightfully?) judged as less than optimum choices for their roles.


2 posted on 11/25/2019 9:49:32 AM PST by Blueflag (Res ipsa loquitur: non vehere est inermus)
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To: karpov

You HARASSED me...!

Who is prettier, HER, or me...??!


3 posted on 11/25/2019 9:50:02 AM PST by gaijin
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To: karpov
“If anyone is biased, it is the market,”

Obviously, government needs to protect investors from themselves by requiring them to invest in a gender-blind manner.

4 posted on 11/25/2019 9:50:44 AM PST by NobleFree ("law is often but the tyrant's will, and always so when it violates the right of an individual")
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To: karpov

Yeah, investors suddenly no longer care about the ONE THING that they care about on account of their own sexisim. Right. Got it.


5 posted on 11/25/2019 9:51:28 AM PST by TalBlack (Damn right I'll "do something" you fat, balding son of a bitc)
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To: karpov

I KNOW why u won’t mentor me...!

Cuz you HATE women, don’t you...!


6 posted on 11/25/2019 9:51:39 AM PST by gaijin
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To: karpov

Does this desk make me look fat?


7 posted on 11/25/2019 9:52:53 AM PST by headstamp 2 (There's a stairway to heaven, but there's a highway to hell.)
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To: karpov

Just wait till the Gov demands that every board room has to have a Midget/ little person in a director position as well..


8 posted on 11/25/2019 9:52:56 AM PST by uranium penguin
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To: karpov

Exactly.


9 posted on 11/25/2019 9:54:46 AM PST by rlmorel (Finding middle ground with tyranny or evil makes you either a tyrant or evil. Often both.)
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To: karpov

It’s a high price to pay for being “stylish” , as Harry Callahan might say.


10 posted on 11/25/2019 9:56:33 AM PST by MayflowerMadam ("I've read the back of The Book, and we win.")
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To: Blueflag
The former CEO of Hewlett Packard is a poster girl for this sort of thing. Back in the old days when I owned so few stocks that I actually paid attention to shareholder election materials, I would vote against celebrity type board members who seemed to have little or no stake in the company's success. Not because they were women (though many were) but because they drew salaries far out of proportion to what they contributed.

A high salaried board member who own few or no shares of the company's stock does not give me the shareholder a warm and fuzzy feeling. It is as simple as that.

11 posted on 11/25/2019 9:57:48 AM PST by Vigilanteman (The politicized state destroys aspects of civil society, human kindness and private charity.)
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To: uranium penguin
Just wait till the Gov demands that every board room has to have a Midget/ little person in a director position as well..

They will definitely see smaller profits then!

12 posted on 11/25/2019 9:57:56 AM PST by 17th Miss Regt
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To: karpov

Get Woke, go broke.


13 posted on 11/25/2019 9:58:27 AM PST by ClearCase_guy (If White Privilege is real, why did Elizabeth Warren lie about being an Indian?)
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To: karpov

"Business is hard!"

(click to buy this item)

14 posted on 11/25/2019 10:00:49 AM PST by Jeff Chandler (BLACK LIVES MAGA)
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To: uranium penguin
Just wait till the Gov demands that every board room has to have a Midget/ little person in a director position as well..

OMGosh, that would be SO cool!

15 posted on 11/25/2019 10:01:33 AM PST by Jeff Chandler (BLACK LIVES MAGA)
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To: karpov

I’ll know Leftists actually care about fairness when they institute redneck quotas at the C and D level...


16 posted on 11/25/2019 10:03:53 AM PST by chrisser
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To: karpov
On a tangent issue....

Green portfolios in Blue State Pensions are lagging a full 100 basis points in performance. I got to see a group of investment gurus on a panel being reported on by Bloomberg and they were all singing from the Global Warming Choir, as they try to drag everyone ( specifically Utilities ) into this maddness. Talk about destroying one of the consistent hidden gems. What gets me the most is these are supposed to be the vaulted annointed ones, and they can't see it is a hoax....

17 posted on 11/25/2019 10:07:16 AM PST by taildragger ("Do you hear the people Singing? Singing the Songs of Angry Men!"lk)
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To: karpov

“Investors are Sexists” is what they’re trying to say.


18 posted on 11/25/2019 10:20:39 AM PST by Buckeye McFrog (Patrick Henry would have been an anti-vaxxer)
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To: karpov

One place where some freedom still exists, choosing where to invest. Investors are keenly aware that political correctness doesn’t guarantee financial returns.


19 posted on 11/25/2019 10:22:47 AM PST by brownsfan (Behold, the power of government cheese.)
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To: karpov
Investors won't mind if a woman is added to a board because of her knowledge and experience, but they will if she is hired to meet a quota.

That is quite sensible.

The person hired to meet a quota may surprise you by being competent but the odds are not favorable.

20 posted on 11/25/2019 10:24:40 AM PST by Harmless Teddy Bear (A hero is a hero no matter what medal they give him. Likewise a schmuck is still a schmuck.)
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