Business Daily Media

Diversity quotas will only lead to token appointments, doing more harm than good

  • Written by Akshaya Kamalnath, Lecturer (Corporate law), Auckland University of Technology
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Global investment company Goldman Sachs recently announced it would only take startups public if they had at least one diverse board member.

In New Zealand, a new KiwiSaver fund, CareSaver, announced it would only invest in listed companies that had women on boards.

Corporate diversity is an international trend for big market players,...


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