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by drraid0 3159 days ago
What if I don't care about "diversity" as measured by the number of "underrepresented" minorities, and instead care about the fiduciary responsibility I have to maximize value for stock holders?
4 comments

Then you would be objectively wrong, because there is no fiduciary responsibility to maximize anything for shareholders.
gotta love people spreading fake news. there is no fiduciary responsibility to maximize value for stockholders. if there were people would be legally penalized for failing to do so. but then admitting that would destroy your narrative now wouldn't it?
> What if I don't care about "diversity" as measured by the number of "underrepresented" minorities, and instead care about the fiduciary responsibility I have to maximize value for stock holders?

What if I told you that diversity hires were paid significantly less? Do you really think all that Silicon Valley PR is out of the goodness of the heart?

If that's the case you really should concentrate on hiring under-represented folks for your CRUD ... excuse me... SaaS company: they tend to be cheaper.