As You Sow and Whistle Stop Capital recently released a report that reviewed the EEO-1 forms (a required federal form that shows workforce diversity) from 2016-2021 for 1,641 companies. The analysts were looking at the link between manager diversity and corporate financial performance. The report found statistically significant positive correlations between increased management diversity and corporate financial performance across eight different financial indicators. This work is grounded in the proven fact that diversity IS beneficial and companies who are intentional about their equity programs and practices have an opportunity to outperform their peers financially.
I would like to begin the session setting the stage with context on EEO-1 forms and other best practice data sets and the availability of these data sets. Within the report itself there are very helpful graphics I would like to walk attendees through that highlight the statistically significant findings within each sector and what this means for their businesses or investments.
