Nasdaq proposes diversity requirements for all companies listed on its exchange

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Nasdaq is pushing for greater diversity among the more than 3,000 companies listed on its exchange.

“Companies in the top quartile of gender diversity on executive teams were 25 percent more likely to experience above-average profitability than peer companies in the fourth quartile,” McKinsey said in a 2019 study.

“This is up from 21 percent in 2017 and 15 percent in 2014.”
 

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