Women On Board = Profits

Women in Company Leadership Tied to Stronger Profits, Study Says,” by Daniel Victor, is a must read article published today in the New York Times.

Executive, Businesswoman, World

According to the new study “Many corporations are lacking in gender diversity.  Almost 60 percent of the companies reviewed had no female board members, and more than 50 percent had no female executives. Just under 5 percent had a female chief executive.”

This is not news.

But the same study found that:

“Companies pondering the incentives for increased gender diversity in their executive ranks may need to look no further than the bottom line. Having women in the highest corporate offices is correlated with increased profitability. …”

Go to it.

 

 

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Richard Cohen

Richard Cohen

Richard B. Cohen is a partner in the New York City office of FisherBroyles, LLP, a national law firm. Richard Cohen has litigated and arbitrated complex corporate, commercial and employment disputes for more than 35 years, and is a trusted advisor to business owners and in-house counsel both in the United States and internationally. His clients have included Fortune 100 companies, domestic and foreign commercial and investment banks, Pacific-rim corporations and real estate development companies, as well as start-up businesses throughout the United States. Email Richard at [email protected]