Job Seekers Will Sacrifice Money for Diversity at Work

Written by: Maggie Overfelt
Published on: Apr 8, 2022

group of diverse people
Photo credit: rawpixel.com/Adobe Stock

In August 2020, the Securities and Exchange Commission announced a new rule requiring public companies to disclose any “human capital resources” material to their operations. The mandate left it up to individual companies to decide exactly what that meant.

Jung Ho Choi, an assistant professor of accounting at Stanford Graduate School of Business, was curious to see how many companies would interpret the rule as a call to reveal more information about the diversity of their workforces. What he found surprised him.

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