Goldman Sachs Won’t Take Companies Public If They Have All-Male Corporate Boards

The real reason we should want diverse corporate boards is that all-male and all-white boards are a huge red flag for bias. With the diverse pool of talent available, the likelihood that an organization completed an unbiased search process and still randomly ended up with an all-male and all-white board is almost zero. In other words, if the corporate board is all male and all white, there is likely bias somewhere in the appointment process.

It’s not clear whether Goldman will have to turn away much business due to their new policy. The CEO suggested that Goldman could tap its own network should a client be in search of a diverse board member. But Goldman is highlighting the importance of diversity and holding those companies without diverse boards accountable. That’s how change happens.

So they are admitting to being racist and sexist.

Ha, ha, ha!!! It's completely transparent virtue signalling - they're only applying their rule to US & European IPOs because those continents are already more diverse! Rofl 😂🤣😂 Transparent cnts!!! Sexist feminists... back to your box

Please someone start an anti-woke hedge fund. 🙏🏻

just tan their skin & tighly curl their hair Dolezale or Shaun King style (stereotypical minority-associated facial hair helps)

Lmao. Shining bastion of virtue that they are ....

Finally!

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Goldman Sachs to insist that companies it takes public have diverse boardsGoldman Sachs will not take companies public in the U.S. and Europe unless they have at least one “diverse” candidate on their board . We need to get off this communist ideology of a quota system All I see is a giant white head. This is scary a bank telling you do it our way or the highway Also diversity is a dog whistle for racism against whites
Source: latimes - 🏆 11. / 82 Read more »

Goldman Sachs CEO says no IPOs for companies without at least one 'diverse' board member starting in July | Markets InsiderGoldman Sachs CEO David Solomon said Thursday in an interview with CNBC in Davos, Switzerland that starting in July, the bank won't help compani... How about promising no IPOs that defraud retail investors GoldmanSachs So more white women on the boards then. Sad.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Goldman Sachs to insist that companies it takes public have diverse boardsGoldman Sachs will not take companies public in the U.S. and Europe unless they have at least one “diverse” candidate on their board . We need to get off this communist ideology of a quota system All I see is a giant white head. This is scary a bank telling you do it our way or the highway Also diversity is a dog whistle for racism against whites
Source: latimes - 🏆 11. / 82 Read more »