Research from Northeastern University indicates that Fortune 500 companies with LGBTQ+ representation on their boards demonstrate superior performance in both financial and non-financial areas compared to their counterparts.
According to Ruth Aguilera, a professor at Northeastern University, these companies tend to excel in sustainability, financial results, long-term risk management, and various organizational outcomes.
She emphasizes that incorporating diverse perspectives, including those of LGBTQ+ individuals, can reduce risks and foster innovative solutions when effectively integrated into board operations.
