A nice summary of the P+L argument for diversity at the top of companies. This article quotes data suggesting that diverse boards are 43% more profitable than those that are not, while diverse executive teams are 21% more likely to outperform.
The article is written from an investor perspective and goes on to talk about firms such as BlackRock, Vanguard and State Street who - as shareholders - are pressuring companies to focus on this area and gives examples of where this pressure has led to change.
A global McKinsey study found that corporations with the most ethnically and culturally diverse boards were 43% more likely to experience higher profits. Similarly, companies with the most gender-diverse executive teams were 21% more likely to outperform on profitability. The Bloomberg Financial Services Gender-Equality Index, comprised of firms with a demonstrated commitment to gender equality, consistently has outperformed the MSCI World Financials Index