Two Companies, One Day, Two Very Different Results Merck published its annual sustainability report this week. The company’s website still states that Merck was among the first U.S. companies to disclose Equal Employment Opportunity data and that it will “continue to do so annually.” … Read More
transparency
The Retreat in Workforce Transparency and the End of an Investing Anomaly
Workforce disclosure is retreating faster than most investors realize, while one of the best-known human capital investment signals appears to have been largely arbitraged away. The common thread is that workforce data still matters — but extracting useful signal from … Read More
“Lower-Value Human Capital,” Falling Meta Morale, and the Transparency Pullback
The Workforce Transparency Boom Is Fading For nearly 60 years, the federal government has collected workforce demographic data from tens of thousands of American employers through the EEO-1 reporting system. That system may now be ending. On May 14, the … Read More
Board Diversity, Schrödinger’s DEI, and Accidental Transparency
If you were looking for a clean narrative arc in corporate America’s relationship with board diversity, I regret to inform you that you will instead be getting litigation, proxy fine print, and a small activist nonprofit with a very busy … Read More