Few Women On Boards Of World’s Largest Companies

Diverse Business News.com Source: Forbes.com By Editor - Wed Apr 06, 5:12 am Why do so many of the world’s largest corporations have zero women on their boards? In recent weeks politicians, investors and diversity groups have been discussing the gender gap in corporate board rooms. It’s still up for debate whether legally mandated quotas are an appropriate tool to correct the imbalance. According to a new study by Eversheds, a London-based international law firm, the world’s best performing companies tend “to have a higher percentage of female directors.” Likewise, a recent study by McKinsey, a consulting firm, found that large European companies that had at least three women on their executive committees significantly outperformed their sector in terms of average return on equity. Full Story: http://www.diversebusinessnews.com/?p=558