Seminar
Date
The exact date will be announced shortly.
On a Tuesday, 11.00 AM to 1.00 PM, November 2024
Webinar via Zoom
Content
Speaker
- Priska Burkhard - Thought Leadershiop Specialist, Advance
- Alex Edmans FBS FAcSS - Professor of Finance at London Business School
Content
According to Article 435(2)(c) of Regulation (EU) No 575/2013 credit institutions and investment firms shall disclose "[…] the policy on diversity with regard to selection of members of the management body, its objectives and any relevant targets set out in that policy, and the extent to which these objectives and targets have been achieved;", which was consequently transferred into Art. 22(8) of the Liechtenstein Banking Act.
In recent months, a study that has been widely shared on social media has received a lot of attention regarding the positive link between (gender) diversity and financial performance.. An idea that resonates with many of us, but are we falling into the trap of self-confirmation bias? Peer-reviewed academic studies do not seem to fully support this link, but is it still the right thing to do? In this seminar we will look at this topic from an academic and practitioner point of view and try to explore the facts and fiction around DEI.
Alex Edmans: Do Diverse Compancies Really Perform Better?
It is a truth universally acknowledged that diverse companies perform better. The evidence is apparently so irrefutable that one FTSE 350 chair raged that 'There have been enough reports… statistics and… evidence-based research to stop talking about it and get on with it.' Another viewed the evidence that diversity trumps any other attribute as so ironclad that he tells executive search firms, 'I don't want to see any men. I don't care if they're Jesus Christ. I don't want to see them.' But is this evidence as strong as people claim, or is this a case of confirmation bias, where people accept evidence uncritically just because it confirms what we want to be true? Professor Alex Edmans will explain how the evidence for demographic diversity is much weaker than often touted - but that there is a cause for a broader measure of diversity that incorporates equity and inclusion. Beyond the specific topic of diversity, he'll explain the many ways in which people spread misinformation more generally - but also how we can spot it, and think smarter, sharper, and more critically, to make better sense of the world and take better decisions.
Patronage of this event
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www.uni.li/esgcompact
Partners
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Target Audience
Charitable foundations, impact investors, bankers, other financial service providers, association representatives, decision- & policy makers, politicans, multipliers, academia, other people interested in the topic of sustainability, sustainable finance and impact investing.
Information Contact
Costs
Free of charge.
Deadline
Dec 09, 2024
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Details on Right of Withdrawal/Cancellation and Dropout as well as Substitute Participants are regulated in the General Terms and Conditions.