• Login
  • Register
The Daily Sceptic
No Result
View All Result
  • Articles
  • About
  • Archive
    • ARCHIVE
    • NEWS ROUND-UPS
  • Podcasts
  • Newsletter
  • Premium
  • Donate
  • Log In
The Daily Sceptic
No Result
View All Result

Unmasking McKinsey: Revisiting Diversity’s Impact on Financial Performance

by Richard Eldred
2 April 2024 9:00 AM

In a series of highly influential studies conducted by the consulting firm McKinsey spanning from 2015 to 2023, it was reported that there is a positive correlation between the diversity of executives in large public firms and their financial performance.

But while many jumped on the diversity bandwagon, Drs. Jeremiah Green and John R.M. Hand thought it wise to take a closer look under the hood. In a recently published in-depth review of McKinsey’s findings, they reanalysed the data using information from firms in the S&P 500 as of 2019. Revealingly, their analysis shows no statistically significant relationships between executive diversity and key financial metrics such as earnings, sales growth and return on equity over the preceding five years.

Moreover, they suggest that flaws in McKinsey’s methodology, potentially influenced by reverse causality, may have skewed the results. They conclude by cautioning against relying solely on McKinsey’s studies to support the idea that increasing racial and ethnic diversity among executives directly correlates with improved financial performance.

Their Econ Journal Watch article makes for fascinating reading and can be seen below:

McKinseys-Diversity-Results-Revisited-by-Jeremiah-Green-and-John-R.-M.-HandDownload
Tags: Bad ScienceBusinessDiversityMcKinseyWorkplaces

Donate

We depend on your donations to keep this site going. Please give what you can.

Donate Today

Comment on this Article

You’ll need to set up an account to comment if you don’t already have one. We ask for a minimum donation of £5 if you'd like to make a comment or post in our Forums.

Sign Up
Previous Post

Diversity Training ‘Forces Workers to Hide Beliefs’ for Fear of Losing Job

Next Post

EXCLUSIVE: Met Office Uses Junk Temperature Measurements to Fill “World Treasure” 350-Year Temperature Record

Subscribe
Login
Notify of
Please log in to comment

To join in with the discussion please make a donation to The Daily Sceptic.

Profanity and abuse will be removed and may lead to a permanent ban.

10 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
disgruntled246
disgruntled246
1 year ago

I feel really sorry for anybody duped into taking this thing and then suffering from the ‘very rare’ side effects but it’s truly sick-making that the taxpayer will be the one paying the compensation.

Last edited 1 year ago by disgruntled246
182
0
Freddy Boy
Freddy Boy
1 year ago
Reply to  disgruntled246

Yes it’s putting the boot in ! Barstewards !!!

38
-1
RTSC
RTSC
1 year ago
Reply to  Freddy Boy

Capitalise the profits ….. socialise the costs (as usual) from the Not-a- Conservative-Government.

18
0
Richard Austin
Richard Austin
1 year ago

In contrast to disgruntled246 I have zero sympathy with those who took these obscenities in all their forms. Which part of “Brand new drug, Emergency Only” did they not understand? Hell, they didn’t even have to read all the details, as many of us did, they only had to listen to the basics. Stupidity is not an excuse for reducing your life span.
The thing that does pee me off is that I have to pay for their f###g stupidity!
Incidentally, all of my family and kids took these things. They thought my wife and I were mad. Hard to make up really. In answer to the obvious question: no, I have no sympathy for what is going to happen to my kids and family, they were told, they chose stupidity.

Last edited 1 year ago by Richard Austin
80
-20
alfarom
alfarom
1 year ago
Reply to  Richard Austin

Sadly, most people I have spoke to about it still believe the vaccine was essential to staying alive.

96
0
Richard Austin
Richard Austin
1 year ago
Reply to  alfarom

I’ve found the same or they won’t discuss it at all. My sister has a rare form of cancer and took it. She was in her last month of remission; they found it had come back. Quelle surprise. She still maintains I’m wrong.

74
0
disgruntled246
disgruntled246
1 year ago
Reply to  Richard Austin

I see where you are coming from, I really do, but even people who are quite intelligent fell for it. People who are quite intelligent have fallen for a lot of crap in the past as well. I was probably saved by a high degree of contrarianism ie the more you tell me to do something, the less likely I am to do it.

99
0
Ron Smith
Ron Smith
1 year ago
Reply to  disgruntled246

Yup when I heard they might coerce people into taking the jab, that was enough for me to say I’m not taking that!

72
0
Valerie_London
Valerie_London
1 year ago
Reply to  Ron Smith

That was my point of no return too. Shortly prior to that, the bribes started – how people weren’t even slightly suspicious at that point…

47
0
ellie-em
ellie-em
1 year ago
Reply to  Valerie_London

Some people valued a free doughnut or hotdog was worth more than being cautious about the implications of being jabbed with a dubious concoction.

6
0
RTSC
RTSC
1 year ago
Reply to  disgruntled246

Yes, being a member of the Awkward Squad can serve you very well 🙂

15
0
Ron Smith
Ron Smith
1 year ago
Reply to  Richard Austin

Don’t forget the ITV Dr Hilary. When there was a mess leaflet campaign to make people aware of the Yellow Card adverse reactions, he screwed it up and threw it away on air, said ignore it!

67
0
Judy Watson
Judy Watson
1 year ago
Reply to  Richard Austin

Methinks a bit harsh on your kids and family. However, understandable.

Living in Thailand I wasn’t aware of the extent of the convid propaganda until I returned to the Uk in 2021 and I was horrified when I spoke to some friends who succumberd to it. Also those who believe in the climate crap.

I remember a poignant comment “why didn’t the Amish get covid? – Because they don’t have tv’s”. Sez it all really.

47
0
alfarom
alfarom
1 year ago

“exceedingly rare”. That sums up where the Daily Mail is today.

72
0
disgruntled246
disgruntled246
1 year ago
Reply to  alfarom

There is an awful lot of arse-covering going on in the MSM, making sure they say how ‘rare’ it is. Of course if you’re one of the poor sods that has been affected by it, then the failure rate is 100%.

73
0
Jon Garvey
Jon Garvey
1 year ago

I wonder if that’s why it stopped being available… after all, there was never any government announcement about it, but suddenly all the “Britain the winner in vaccine research” just stopped.

Kind of like asking your doctor for thalidomide back in the day and finding it’s got permanent supply problems.

What about it, HMG – do we ever get a health warning, or not?

Last edited 1 year ago by Jon Garvey
72
-1
john ball
john ball
1 year ago
Reply to  Jon Garvey

From memory various Scandinavian doctors from the outset were on the look out for cases of myocarditis, so I think the defects of this product were known or at least suspected

46
0
Jabba the Hut
Jabba the Hut
1 year ago

Listened to and read a lot of personal stories regarding the AZ shot their stories are horrific. Listened to Adam Rowlands story today on the Doc Malik podcast (worth supporting) it’s heart breaking. Arise Dame Gilbert for your services to humanity.

39
0
Sforzesca
Sforzesca
1 year ago

Whilst this is very welcome, Never forget –

The modified RNA jabs are far more dangerous.
Don’t let AZ be thrown under the bus in order to divert attention from this essential fact.
And, in parts of the UK the NHS still advocates the jab for babies >6months old and for pregnant women.

Payouts for AZ will be miniscule compared to the butcher’s bill for the mRNA.

100
0
Ron Smith
Ron Smith
1 year ago
Reply to  Sforzesca

They have been still offering Boosters too.

37
0
Clint72
Clint72
1 year ago
Reply to  Ron Smith

There are 2 adverts for the clot shot in our local paper this week!

24
0
disgruntled246
disgruntled246
1 year ago
Reply to  Clint72

My mother in law had number 8 or 9 just a couple of weeks ago.

9
-1
bertieboy
bertieboy
1 year ago

My son-in-law law who would have lost his job if not injected (required for travel) and also a good friend in my personal networks both experienced exactly the same heart damage after their second AZ dose. Both now on the same drugs for life as a consequence.
Two people close to me……. clearly exceedingly rare!

Last edited 1 year ago by bertieboy
37
0
bertieboy
bertieboy
1 year ago

We were told it was safe – it’s now official that it isn’t. Is there risk?…..answer ‘yes’. Safe is an absolute term.

21
0
RTSC
RTSC
1 year ago

I would be nice to see a reprise of the Johnson, Vallance, Whitty Goon Show …… admitting that the jab they declared was “safe and effective” is anything but.

Funnily enough, they’ve all gone to ground.

15
0
disgruntled246
disgruntled246
1 year ago
Reply to  RTSC

‘Next slide please’. A montage of photos of the dead and life-changeingly injured.

3
0
RTSC
RTSC
1 year ago

“The complication – listed as a potential side effect of the jab – has previously been called vaccine-induced immune thrombotic thrombocytopenia (VITT).”

It wasn’t listed as a potential side effect when the jabs were pushed onto people, since the rushed and inadequate “testing process” hadn’t identified it.

So NO-ONE gave Informed Consent.

19
0
JohnnyDollar
JohnnyDollar
1 year ago

ALL THE SCIENTISTS WHO KNEW & SAID SO, WERE CENSORED 

19
0

NEWSLETTER

View today’s newsletter

To receive our latest news in the form of a daily email, enter your details here:

DONATE

PODCAST

Episode 36 of the Sceptic: Karl Williams on Starmer’s Phoney Immigration Crackdown, Dan Hitchens on the Assisted Suicide Bill and Tom Jones on Reform’s Local Council Challenge

by Richard Eldred
16 May 2025
0

LISTED ARTICLES

  • Most Read
  • Most Commented
  • Editor’s Picks

Chinese ‘Kill Switches’ Found in US Solar Farms

15 May 2025
by Will Jones

News Round-Up

16 May 2025
by Richard Eldred

Spy Agency Report on the Alleged “Extremism” of AfD Turns Out to Be So Stupid That it Destroys all Momentum for Banning the Party

16 May 2025
by Eugyppius

The Folly of Solar – a Dot on the Horizon Versus a Blight on the Land

16 May 2025
by Ben Pile

Civil Servants Threaten to Strike Over Trans Ban in Women’s Lavatories

16 May 2025
by Will Jones

The Folly of Solar – a Dot on the Horizon Versus a Blight on the Land

29

Civil Servants Threaten to Strike Over Trans Ban in Women’s Lavatories

26

Spy Agency Report on the Alleged “Extremism” of AfD Turns Out to Be So Stupid That it Destroys all Momentum for Banning the Party

19

News Round-Up

18

Chinese ‘Kill Switches’ Found in US Solar Farms

27

Trump’s Lesson in Remedial Education

16 May 2025
by Dr James Allan

Spy Agency Report on the Alleged “Extremism” of AfD Turns Out to Be So Stupid That it Destroys all Momentum for Banning the Party

16 May 2025
by Eugyppius

The Folly of Solar – a Dot on the Horizon Versus a Blight on the Land

16 May 2025
by Ben Pile

Renaud Camus on the Destruction of Western Education

15 May 2025
by Dr Nicholas Tate

‘Why Can’t We Talk About This?’

15 May 2025
by Richard Eldred

POSTS BY DATE

April 2024
M T W T F S S
1234567
891011121314
15161718192021
22232425262728
2930  
« Mar   May »

SOCIAL LINKS

Free Speech Union
  • Home
  • About us
  • Donate
  • Privacy Policy

Facebook

  • X

Instagram

RSS

Subscribe to our newsletter

© Skeptics Ltd.

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Articles
  • About
  • Archive
    • ARCHIVE
    • NEWS ROUND-UPS
  • Podcasts
  • Newsletter
  • Premium
  • Donate
  • Log In

© Skeptics Ltd.

wpDiscuz
You are going to send email to

Move Comment
Perfecty
Do you wish to receive notifications of new articles?
Notifications preferences