Female leaders lift their companies’ bottom line
If you are searching for that extra boost to your company’s earnings, try putting women on your board or in your C-suite.
That is the conclusion of a Credit Suisse report. The study said that companies with more women in decision-making roles generated on average 19 per cent more returns on equity than their male-dominated competitors. As a bonus, they also ran more conservative balance sheets.
In some cases, women-led companies doubled the stock price performance of their competitors.
* Video and content courtesy CNBC
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Published: September 26, 2016 04:00 AM