Robert Johnson: Companies will take hiring Black workers seriously when not doing so hurts their stock

BET founder Robert Johnson told CNBC on Monday he believes companies will more seriously address racial inequality within their workforces once a failure to do so starts impacting their stock price.
“Companies understand return on investment capital. They understand return on equity. They understand total shareholder return,” Johnson said on “Closing Bell.” “Tie all of those factors to achieving opportunities in employment at all levels for Black Americans, I think then you’ll see results because…

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