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California Economy Is 10th Most Dependent On Securities Trading

California Economy Is 10th Most Dependent On Securities Trading

Mike LaFirenza While much of the economy has struggled during the COVID-19 pandemic, one area that has consistently performed well is the equities market. One of the most commonly followed stock indices, the S&P 500, took a major hit in the early days of the pandemic, losing nearly one-third of its value in February and […]

Controller Yee: Time To Shift Culture To Close Diversity Gap At Private Equity Firms

Controller Yee: Time To Shift Culture To Close Diversity Gap At Private Equity Firms

According to long-standing research by McKinsey & Company, public companies in the top quartile for gender diversity were 25 percent more likely to outperform industry-median growth than companies in the bottom quartile. Similarly, executive teams in the top quartile of ethnic diversity were 36 percent more likely to financially outperform the industry median. This is […]