Diversity is key to success, studies show

by Joann Weiner | Dec 10, 2014   ()

The evidence is overwhelming. Diversity – gender, racial, ethnic, whatever – is good.

Here’s why.

Companies that put a priority on innovation are worth more when women hold top leadership positions. These companies are $44 million more valuable, on average, according to a multiyear academic study of Standard and Poor’s top 1,500 firms.

Global companies with at least one woman on the board have higher average returns on equity, lower debt ratios and better average growth, according to a study of more than 2,000 global companies by the Credit Suisse Research Institute. Investors would have been better off, on average, investing in companies with women on their management boards than in those without, the study pointed out.


Source: The Washington Post

News Archive