The demand for CDOs is rising, as the tight labor market drives up the talent hunt and more employers recognize the value of a diverse workforce. Companies also are hiring more CDOs in response to investors who are alarmed about the number of discrimination claims filed against the firms. Russell Reynolds said that in its review of 2017 and 2018 incidents involving executive misconduct, it found a $4 billion decline in market capitalization following public exposure of these incidents. The #MeToo movement may have increased the demand for more sexual harassment training, which also affects the demand for CDOs.
