The president of the American Bar Association told business leaders in Atlanta that embracing racial, gender and other types of diversity is not only “right and ethical” but also good business.

Paulette Brown, speaking at the Buckhead Coalition’s annual meeting and luncheon, cited studies showing that corporations with at least three women on their boards of directors outperform companies with fewer women in those roles. “I guess they don’t want to make money,” said Brown of the latter group.

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