Corporate DEI Initiatives Remain Relevant Despite Political Headwinds
Corporate diversity, equity, and inclusion (DEI) initiatives are still relevant despite recent political setbacks, according to Nasdaq's chair and CEO, Adena Friedman.
In an interview on Yahoo Finance's Opening Bid podcast, Friedman responded to concerns that DEI policies are being rolled back under President Donald Trump's administration. She expressed confidence that DEI initiatives will continue to be a priority for many companies, even if they become less visible.
Despite a federal appeals court striking down Nasdaq's attempt to diversify company boards, Friedman maintained that Nasdaq remains committed to creating an inclusive and diverse workplace. She emphasized the benefits of inclusivity and belonging for business success.
IPO Market Outlook
Friedman is optimistic about the prospects for the initial public offering (IPO) market in 2025. She noted that despite a challenging market in 2024, the IPO pipeline is strong with over 170 companies looking to raise capital.
Friedman attributes the expected recovery in the IPO market to a more favorable regulatory environment and increased certainty under the new administration. She believes that the IPO market will continue to be dominated by energy and technology companies.
Listen to the Opening Bid Podcast
Subscribe to Yahoo Finance's Opening Bid podcast for exclusive insights from business leaders and market experts. New episodes are available three times per week on Apple Podcasts, Spotify, and other platforms.