NEWS AND INSIGHTS UPDATE:
There have been so many studies showing that diverse corporate boards lead to better overall business results, and now another study has found a direct connection between having women on company boards and improved stock performance. Furthermore, the study found that companies with women on their boards really outperformed other companies during the 2008 economic downturn. Heather Perlberg of Bloomberg writes:
“Companies with women on their boards performed better in challenging markets than those with all-male boards in a study suggesting that mixing genders may temper risky investment moves and increase return on equity.
“Shares of companies with a market capitalization of more than $10 billion and with women board members outperformed comparable businesses with all-male boards by 26 percent worldwide over a period of six years, according to a report by the Credit Suisse Research Institute, created in 2008 to analyze trends expected to affect global markets.”
Read the Full Article: Stocks Perform Better if Women Are on Company Boards via www.bloomberg.com