Male-dominated firms do worse than diverse rivals, Morgan Stanley finds

The stock price of more gender diverse companies tends to do better than male-dominated rivals, according to Morgan Stanley (MS).

The investment bank on Tuesday published a report on its “HERS score”, a new metric it has developed for measuring gender diversity at companies and its affect on performance.

The report concluded that “gender diverse firms tend to outperform their less diverse peers globally,” the bank wrote.

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