Corporate Diversity Case Study
99). The study concluded that diversity in senior management teams achieved results correlated to superior corporate performance and better financial returns (Ramirez, 2000). There are a variety of studies with empirical research that prove diversity is advantageous for organizations and firms who utilize group-think methods for problem-solving. Yet even with these studies, there remains a persistent lack of diversity in corporate boardrooms across this country; women and minorities remain underrepresented. SEC Commissioner Luis Aguilar (2010) notes that, 71.5% of the boards of directors of Fortune 100 companies were white men, and only 28.5% of the board seats were held by women and minorities (para.