A Message from Deputy Secretary Don Graves
U.S. Department of Commerce
SEPTEMBER 8, 2023
For example, a McKinsey study found that in 2019 companies that were in the top quartile for racial and ethnic diversity among corporate executives outperformed those in the fourth quartile by 36% in profitability. [2] 4] These companies reported better overall financial performance as well. [5] Nielsen, S., & Hagen, I.
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