Gender Diversity Pays Off

Just add women

Just add women

More evidence that a gender diverse board delivers strong results: Thomson Reuters, a media and information company for businesses, just released a new study, “Mining the Metrics of Board Diversity.” The company analyzed the level of gender diversity on corporate boards compiled from 4,100 public companies globally.

The report shows that companies with no women on their boards, on average, underperformed compared to gender-diverse boards.

Proof that policy matters: The report also found that more companies were adopting policies to promote gender diversity.

And the good news: There’s been a gradual increase in the percentage of companies that have women on their boards with 59 percent of companies reporting women board members, up from 56 percent in 2008. You can read the report here.

 Photo credit: http://www.flickr.com/photos/wohlford/6450103327/

 

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