#GAReads | Companies with more women directors generate a 36% higher return on equity
Firms with a strong-female influence on their boards performed 36% better in terms of return on equity than those that didn’t. MSCI defined a “strong-female influence” as having three or more female directors, or a female CEO and another female director. Those firms had a 10.1% return on equity, a measure of the profits a company is garnering for shareholders.
Other studies have reached similar conclusions.