Companies With Female Managers Perform Better

What's Hot

Do This or Your iPhone Bill May SkyrocketSave

23 Upgrades Under $50 to Make Your House Look AwesomeAround The House

Trump Worth $10 Billion Less Than If He’d Simply Invested in Index FundsBusiness

11 Places in the World Where You Can Afford to Retire in StyleMore

What You Need to Know for 2017 Obamacare EnrollmentFamily

8 Things Rich People Buy That Make Them Look DumbAround The House

32 of the Highest-Paid American SpeakersMake

Amazon Prime No Longer Pledges Free 2-Day Shipping on All ItemsMore

More Caffeine Means Less Dementia for WomenFamily

9 Tips to Ensure You’ll Have Enough to RetireFamily

5 DIY Ways to Make Your Car Smell GreatCars

30 Awesome Things to Do in RetirementCollege

5 Spots Where Retirees Can Live for Less Than $40,000Real Estate

10 Ways to Pull Together the Down Payment for a HomeCredit & Debt

10 Ways to Reduce Your Homeowner’s Insurance RatesFamily

50 Ways to Make a Fast $50 (or Lots More)Grow

A new report offers more evidence of a link between gender diversity and corporate performance

A new report from the Credit Suisse Research Institute provides further evidence of a link between gender diversity and corporate performance.

That report — “The Credit Suisse Gender 3000: The Reward for Change” — found that companies with at least one female director had generated higher returns for investors at a compound annual growth rate of 3.5 percent over the prior decade. That’s up from 3.3 percent in the 2014 report.

The biannual reports are based on analysis of the Credit Suisse Gender 3000, a database that encompasses 27,000 senior managers at more than 3,000 companies worldwide covered by Credit Suisse financial analysts.

Stefano Natella, head of global markets research at Credit Suisse, notes is a Credit Suisse statement:

“Gender diversity in both board and particularly senior management positions is a tremendous benefit to companies and their shareholders. … The data shows that there is a strong correlation between companies with high levels of diversity in management and their performance.”

The latest report also found that gender diversity is increasing in boardrooms globally. The percentage of women on executive boards at the surveyed companies rose from 12.7 percent at the end of 2013 to 14.7 at the end of 2015. That’s a 16 percent increase in two years and reflects a 54 percent increase since 2010.

The top five countries with the highest percentage of women on corporate boards:

  1. Norway (46.7 percent)
  2. France (34 percent)
  3. Sweden (33.6 percent)
  4. Italy (30.8 percent)
  5. Finland (30.8 percent)

The U.S. ranks slightly above average, with women comprising 16.6 percent of corporate boards as of last year.

What do you make of this news? Share your thoughts in a comment below or on our Facebook page.

Stacy Johnson

It's not the usual blah, blah, blah

I know... every site you visit wants you to subscribe to their newsletter. But our news and advice is actually worth reading! For 25 years, I've been making people richer without making their eyes glaze over. You'll be glad you did. I guarantee it!


Read Next: 9 Things That Can Make Retirement Really Stink

Check Out Our Hottest Deals!

We're always adding new deals and coupons that'll save you big bucks. See the deals to the right and hundreds more in our Deals section.

Click here to explore 1,680 more deals!