A recent study has proudly revealed that the Fortune 500 companies with the highest representation of women board directors outperformed those companies with the least female representation. Companies that had at least three women serving on the board reaped stronger than average results, thus proving there is truly strength in numbers. The key performance indicators that were measured in this study were return on equity, return on sales and return on investment capital.
Return on Equity: On average, companies with the highest percentages of women board directors outperformed those with the least by 53 percent.
Return on Sales: On average, companies with the highest percentages of women board directors outperformed those with the least by 42 percent.
Return on Invested Capital: On average, companies with the highest percentages of women board directors outperformed those with the least by 66 percent.
For more on the topic, read The Bottom Line: Corporate Performance and Women’s Representation on Boards. Where women are well represented business performance is enhanced. Across industries from consumer goods to information technology women raise the bar. In comparison to our male counterparts, women may lack physical strength, but we certainly make up for it in intellect, business savvy and good old-fashioned common sense. Continue to challenge the status quo ladies. Be bold and stay connected!
Return on Equity: On average, companies with the highest percentages of women board directors outperformed those with the least by 53 percent.
Return on Sales: On average, companies with the highest percentages of women board directors outperformed those with the least by 42 percent.
Return on Invested Capital: On average, companies with the highest percentages of women board directors outperformed those with the least by 66 percent.
This research study was conducted by Catalyst, the leading nonprofit corporate advisory organization whose mission is to expand opportunities for women and business.
“Clearly, financial measures excel where women serve on corporate boards,” said Ilene H. Lang, President of Catalyst. “This Catalyst study again demonstrates the very strong correlation between corporate financial performance and gender diversity...diversifying their boards with women can lead to more independence, innovation, and good governance and maximize their company’s performance.”
“Clearly, financial measures excel where women serve on corporate boards,” said Ilene H. Lang, President of Catalyst. “This Catalyst study again demonstrates the very strong correlation between corporate financial performance and gender diversity...diversifying their boards with women can lead to more independence, innovation, and good governance and maximize their company’s performance.”
For more on the topic, read The Bottom Line: Corporate Performance and Women’s Representation on Boards. Where women are well represented business performance is enhanced. Across industries from consumer goods to information technology women raise the bar. In comparison to our male counterparts, women may lack physical strength, but we certainly make up for it in intellect, business savvy and good old-fashioned common sense. Continue to challenge the status quo ladies. Be bold and stay connected!
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