I'm not voicing agreement with your parent comment, but for a better understanding more data is needed than just broad correlations. Without additional information you cannot accurately pinpoint where causalities begin and end as well as why and how they exist to begin with.
As long as people perceive a stimulus in a certain way (even if they have no rational reason to), it will have an effect that cannot easily be removed. The decisions that a CEO makes are important, but how others perceive them are also important to the very end, not just in the hiring or promotions processes.
As long as people perceive a stimulus in a certain way (even if they have no rational reason to), it will have an effect that cannot easily be removed. The decisions that a CEO makes are important, but how others perceive them are also important to the very end, not just in the hiring or promotions processes.