Female Board Directors Create Positive Financial Returns

US-based researchers have found that the presence of women on boards is directly linked to high financial performance.

Dr Kris Byron from Syracuse University and Dr Corinne Post from Lehigh University have published the results of their recent research into female board presentation and its effect on financial performance in the Academy of Management Journal. The paper is titled “Women on Boards and Firm Financial Performance: A Meta-Analysis” and can be found online here.

A landscape study, the researchers aggregated results from 140 existing studies examining the relationship between financial performance and female board representation.

They found a strong correlation between the number of women on a board of directors, and positive accounting returns for the company. The results show that a larger number of females on boards results in directors that make stronger efforts to monitor company performance and strategy.

The results of this research demonstrate the strong tangible benefits of developing strong female leaders to take on executive positions across all Australian companies.

Orijen can help to develop the female talent in your organisation, and increase financial returns, through specialised training and mentoring programs.

Find out more about our Executive Women’s Business mentoring program, customised training programs, or contact us with your specific needs for a tailored option.

Posted in Uncategorized

Leave a Reply

Your email address will not be published. Required fields are marked *

*

The Orijen Shop

52 Ways To Break Through The Glass Ceiling by Glenda May & Jenny Morris

ebook

Contact Us

See how our professional mentoring, executive coaching and training services can assist your organisation in your diversity challenges.

Contact us, or call +61 (2) 9416 2560.

Twitter | LinkedIn | Facebook