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The Times

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

  • Written by Akshaya Kamalnath, Lecturer (Corporate law), Auckland University of Technology
Diversity quotas will only lead to token appointments, doing more harm than goodShutterstock

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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