An editorial from July 18, titled “The rise and fall of a corporate fad,” referenced our research. It stated that the merging of politics with markets through the corporate diversity, equity, and inclusion (DEI) trend was damaging to both politics and markets.
We want to clarify the purpose of our research. We did not assess whether corporate DEI initiatives were harmful. Our work aimed to explore the political dynamics that led to the emergence and decline of corporate commitments to DEI.