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Editorial Design of CalPERS White Paper
A whitepaper commissioned by CalPERS, an organization that provides a variety of retirement and health benefit programs and services, and administers other programs dedicated to protecting the financial security of its members.
About the White Paper
“The report – Board Diversification Strategy: Realizing Competitive Advantage and Shareowner Value – said companies without ethnic minorities and women on their boards eventually may be at a competitive disadvantage and have under-performing share value. The report was commissioned by the CalPERS Board at the request of John Chiang, California’s State Controller and member of the CalPERS Board.
‘Research suggests that companies with more diverse boards, especially gender based diversification, have higher performance and key financial metrics such as return on equity, return on sales, and return on invested capital,’ said the report by Virtcom Consulting.”
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- Creative Fields Print
- Credit(s): J. Phillips, A. Germoso