Research indicates that companies that showed diversity in the boardroom had returns on equity an average of 53 percent higher than companies with less diversity.

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Multiple studies have shown that companies with diverse boards tend to outperform those with less diversity. One such study by McKinsey & Company in 2015 found that companies with more diverse executive teams had returns on equity that were 53 percent higher than those with less diversity. Similar results have been found in other studies as well.

Research Indicates That Companies That Showed Diversity in the Boardroom