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bongo
09 Jan 18 22:24
Joined:
Date Joined: 12 May 01
| Topic/replies: 5,957 | Blogger: bongo's blog
On 4th July 2017 Stonewall published its
Top 12 Global Employers for 2017
"The list celebrates the pioneering efforts of leading organisations to create inclusive workplaces and advances equality for LGBT people wherever they are in the world"
•Accenture
•Baker & McKenzie
•Barclays
•BP plc
•Freshfields Bruckhaus Deringer
•Herbert Smith Freehills
•HSBC
•Pinsent Masons
•RBS
•Simmons & Simmons
•Thomson Reuters
•Vodafone

Tomorrow I'll get the share prices for this lot for 04.07.2017, and later compare them to the share prices on 04.07.2018

In theory they should do badly. Having a Corporate Director of Inclusion isn't going to make you any more productive, and to be good for your bottom line it's got to make you more productive than the cost of having someone in that post answering questionnaires from bandit charities.
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Report jollyswagman January 12, 2018 5:02 PM GMT
why should they do badly in theory? if a corporate director of inclusion introduces a policy that lgbt employees heartily approve of they may well become more productive then, as long as the non lgbt employees dont become less productive, the company will benefit. such a policy may well also lead to more lgbt people buying their goods and services too, again as long as it doesnt put non lgbt customers off, profits may increase too. good luck to anyone trying to disaggregate all this and work out what profit is down to this policy and what isnt. never mind the affect on the share price.

the concept of 'minority stress' looks at how people from stigmatized groups suffer high levels of stress, anxiety and drug & alcohol abuse. this will make them less productive whilst at work. policies that are more inclusive, if successful, are likely to lead to increased productivity and so greater profits.

you are saying that if these companies do badly (or well for that matter) compared to the rest of the stock market then this is solely due to their lgbt policies. you are grossly over simplifying complicated matters imo.
Report bongo January 14, 2018 3:18 PM GMT
I take it you are not a fan of murdered MP Jo Cox who said "We are far more united and have far more in common with each other than things that divide us" and that the other directors could not have come up with the same or better good policies. We should have special regard for certain groups that do not have things in common with everyone else.
Report bongo January 14, 2018 3:21 PM GMT
The story so far:

        04/07/2017    Now
•Accenture    124.00            160.11
•Baker & McKenzie        Not listed publicly   
•Barclays    206.95            194.5
•BP plc        450            534.8
•Freshfields Bruckhaus Deringer        Not listed publicly   
•Herbert Smith Freehills        Not listed publicly   
•HSBC        721.7            791.7
•Pinsent Masons        Not listed publicly   
•RBS        255.8            302.4
•Simmons & Simmons        Not listed publicly   
•Thomson Reuters46.3            43.59
•Vodafone    217.3            229.35

For those with a public listing the average price has increased 9.9%. We'll see where they are on 04.07.2018
Report Callisto-moon January 30, 2018 1:22 PM GMT
If this works ill get replaced by the gay fella thats looking to get promoted at work.
I better update my cv.
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