The report tracked leadership gender ratios for more than 3,000 companies in all major sectors across 40 countries. Findings indicated that companies with female leadership were few and far between, with just fewer than 13 percent of companies having either female CEOs or female directors reporting to the CEO.
Companies with at least one woman on the board of directors outperformed companies who did not by 5 percent in the short term and 3.7 percent in the long term. In addition, companies with at least one woman on the board:
- Had higher return on equity, at 14.1 percent, versus 11.2 percent.
- Had a higher payout ratio, at 38 percent, versus 32 percent.
- Had similar net debt/equity ratios as male-only companies, indicating a similar approach to taking on risk as in boards with only male representation.
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