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The Role of Diversity in Investment Committee Effectiveness
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June 5, 2014
"Although foundational research touts the potential benefits of introducing diversity to a decision-making body ... the level of importance that committee members give to diversity is quite different. In fact, the survey found that: [1] Less than one-quarter of respondents rated diversity as 'very/extremely important'; [2] More than 90% said their committee had no formal diversity policy; and [3] Only one-quarter of respondents said their committee had become more diverse over the 'past five years.'"

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