Companies well represented with top female leadership are 50 percent more likely to outperform their peers.
McKinsey & Company, “Diversity wins: How inclusion matters” (May 19, 2020); 2018 report, Global Board Diversity Tracker: Who’s Really on Board?
Having three women on a corporate board in 2011 resulted in significantly greater EPS growth over the next five years than all-male boards.
Source: MSCI ESG Research 2016.
Strong effort norms from women intensify the entire board’s effort norms.
This includes better attendance of meetings and acting on specific tasks after board meetings.