Studies Promoting DEI's Financial Benefits Debunked

Recent research challenges McKinsey's claims linking DEI initiatives to corporate profitability.

A new paper published in Econ Journal Watch refutes previous studies by McKinsey & Company that suggested a positive correlation between DEI programs and corporate profits.
The analysis by two professors found that McKinsey's results could not be replicated, casting doubt on the reliability of the consulting firm's conclusions.
Critics argue that the push for DEI in corporate America is driven more by ideology than by empirical evidence supporting its business benefits.
The debunking of McKinsey's studies raises questions about the widespread adoption of DEI initiatives based on purported financial advantages.
Despite the controversy, DEI initiatives continue to be a significant part of corporate and military strategies in the United States.