Business & Economics

Companies With Women In Management Outperform Male Counterparts: Sachs

BP World Bureau | Nov 12 2020 01:07:32 PM
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Companies with more women in management and board positions outperformed those companies with more male members, according to a new study by Goldman Sachs. 

Out of 600 European stocks, companies with female leadership saw their share price outperform on average by 2.5% a year compared to companies with fewer women on board. 

Read: WE Hub Launches Fund For Women Entrepreneurs Amid Pandemic 

Sharon Bell, a Goldman Sachs European equity strategist, led the study and published it on Op-Ed. 

She said that having women on board means stronger share-price performance and lower volatility of shares. 

Therefore, including women should be limited to ensuring diversity scores but is also a piece of good news for corporations, investors and society.