IT has taken years for them to smash through the glass ceiling. But just as women executives had finally swept away their label as novelties in the boardroom, a report has suggested they are not up to the job.
In fact, investing in stock market-listed companies run by women or with female executive directors is a 'surefire recipe for underperformance', according to Shares magazine.
It found that among the UK's top 250 listed middlesized companies, the 24 with at least one female executive director increased share values by 'only' 22% over the past 12 months - compared with an average of 27%.
If all the companies run by women were excluded, the performance of the remaining 226 improves to 28% - a deficit of 6%.
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