Corporations

The largest companies in the U.S. – those with gross annual revenues of at least $20 billion – report a larger representation of women and other underrepresented groups on their boards of directors. Seventy percent have at least two women and 53 percent have two or more directors from underrepresented groups. Women managers, however, are increasingly opting out of high-end careers when companies fail to meet their professional needs and goals. Fewer than 15 percent of Fortune 500 officers and directors are women, and graduate business schools (unlike law and medical schools) have far fewer women than men applicants. NCRW is supporting efforts to make the corporate environment more welcoming and the career ladder more accessible to women and people of color.

Top Women Tip the Scales

Evidence of a link between the bottom line and women at the top is growing, with McKinsey research showing better-than-average financial performance by European companies with the highest performance of women in influential leadership roles. The report, launched at the Women’s Forum for the Economy & Society in Deauville, France, finds these companies do better than their sector in terms of return on equity, operating result, and shared price growth.
 

URL: 
http://www.mckinsey.com/locations/paris/home/womenmatter/pdfs/Press_Clipping_Women.pdf

Women as Change Agents

The increased representation by women among corporate boards continues a trend that has been present for several years; however, women still lag far behind their male counterparts. Both established women directors and those seeking board seats for the first time revealed in the survey that they still find themselves fighting an uphill battle for equal representation.

URL: 
http://www.heidrick.com/NR/rdonlyres/2886FCA5-62A7-4735-B4A6-F0C0C0627D5A/0/HS_WCD_WomenChangeAgents.pdf

So Many Corporate Companies, So Few Women Directors

Despite a professed demand from corporate boards, women directors remain in short supply.

URL: 
http://www.heidrick.com/NR/rdonlyres/0527A798-B67A-4FE1-8ABE-03D9B0B73D56/0/HS_WomenDirectors.pdf

Critical Mass on Corporate Boards: Why Three or More Women Enhance Governance

Does it matter to corporate governance whether women serve on a board? If so, does it make a difference how many women serve? Is there a critical mass that can bring significant change to the boardroom and improve corporate governance?

URL: 
http://www.wcwonline.org/pdf/CriticalMassExecSummary.pdf
Member Organization: 

Womenomics: Japan’s Hidden Asset

Don’t underestimate the power of the purse.
Higher female participation in the workforce can help mitigate
some of Japan’s demographic pressures and raise the long-term
trend growth rate. Womenomics is likely to become a secular
investment theme, and we identify potential beneficiaries.

URL: 
http://www2.goldmansachs.com/ideas/demographic-change/womenomics1-pdf.pdf

The Status of Women in the States & Women’s Economic Status in the States

The consistent correlation between women executives and high profitability.

URL: 
http://www.miller-mccune.com/business-economics/profit-thy-name-is-woman-3920/

The Bottom Line: Connecting Corporate Performance and Gender Diversity

Study explores the link between gender diversity in top management teams and US corporate financial performance in the second half of the 1990s.
 

URL: 
http://www.catalyst.org/file/44/the%20bottom%20line%20connecting%20corporate%20performance%20and%20gender%20diversity.pdf
Member Organization: 

Leaders in a Global Economy: A Study of Executive Men and Women

The Leaders in a Global Economy project grew out of the concerns of a group of companies.
These companies had already identified the growing need for attracting, developing and
retaining women as a key competitive business strategy, and they had been working on doing
so for a number of years. Despite their progress, however, they felt there were still many challenges—
both subtle and overt—to overcome. They wanted to better understand these challenges
on a global basis so they could develop new approaches and strategies to address the
advancement of both women and men.

URL: 
http://familiesandwork.org/site/research/summary/globalsumm.pdf
Member Organization: 

Women in the Executive Suite Correlate to High Profits

An extensive 19-year study of 215 Fortune 500 firms shows a strong correlation between a strong record of promoting women into the executive suite and high profitability, demonstrating that Fortune 500 firms that do promote women to high positions are 18-69% more profitable.
 

URL: 
http://www.women2top.net/download/home/adler_web.pdf

Not Just the Right Thing, the Bright Thing

In May of 2002, The Conference Board of Canada published findings of their study on women and corporate governance. 

The report suggests a link between female numbers on boards and good-governance credentials.
 

URL: 
http://www.20-first.com/10-0-better-corporate-governance.html
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