Good morning, Broadsheet readers! Emmy nominations are in, France’s antitrust enforcer comes down on Google, and companies with more diversity at the top fared better during the pandemic. Have a great Wednesday.
– Money talks. There are plenty of arguments for why companies should make diversity—at every level, but especially at the top—a priority. But since we live in a capitalist society, the rationales that really get executives’ attention tend have something in common: money.
With that in mind, I thought I’d flag the results of a couple studies that crossed my desk this week. The first is from a nonprofit called BoardReady and zeros in on corporate boards. According to its new analysis of data from S&P 500 companies, there’s a strong correlation between board diversity and revenue growth during the pandemic. Here are a couple of the top-line findings, which compare revenue from 2019 and 2020:
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