A much-quoted study from a few years back shows that companies with high numbers of female directors on their boards perform substantially better on three metrics—return on equity, return on sales, and return on invested capital—than companies with very few or no female directors.
A group of researchers led by Harvard sociologist Frank Dobbin is now looking at what happens to companies’ stock performance after women are appointed to corporate directorships. The results are troubling.
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Enven though the presence of women results in better performance.
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