DP21/2: Diversity and inclusion in the financial sector – working together to drive change

DP21/2: Diversity and inclusion in the financial sector – working together to drive change

Lack of diversity has been highlighted as a factor in the 2008 financial crisis. Looking at risk management outcomes, studies that compare the outcomes between diverse and non‑diverse Boards following the crisis, find that businesses with more diverse and risk averse Boards had better outcomes.

Lack of diversity a factor in 2008 financial crisis

https://www.fca.org.uk/publication/discussion/dp21-2.pdf

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