From Fox Business — The Case for Female Entrepreneurship and Leaders
Last Updated on Wednesday, 21 December 2011 05:39 Written by spence Wednesday, 21 December 2011 05:39
Over the last year, there’s been a lot of noise about the lack of women at the executive level. Sheryl Sandberg, COO of Facebook, is talking about it, major newspapers and publications are writing about it and news outlets are creating dedicated sections on their websites to the issue.
But what are the real numbers, and what’s the business impact of having multi-gender boards and female executives? How can having women at the top can lead to greater business success and growth?
Recent industry research has made a strong business case for increasing the number of women in executive positions and on boards, linking companies with female representation in top positions with better overall business performance.
In fact, gender-diverse boards boast a 53% higher return on equity, as well as stronger stock market growth, as compared with companies that have mostly male representation in top positions.
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