Global Academic Research Confirms Board Composition/Financial Performance Link

Practitioner research, like the well-regarded McKinsey Diversity Matters series, has provided evidence for years of the financial materiality of board demographic composition. 

Now Invest Ahead, with support from The Sunrise Project, has examined the all of the peer-reviewed, academic research from around the globe published between 2019 and 2024 that addresses the connection between board demographics and financial performance. The finding?  According to the global academic research, demographic variety has a positive impact on the bottom line.

A formal meta-study will be published in early 2025.  For now, you can explore the research database below.

Database