HONG KONG/SINGAPORE: Want your share prices to go up? Then get more women on your board of directors – or so a study by global news and information company, Thomson Reuters, suggests.
According to the study, Mining the Metrics of Board Diversity, which analysed data compiled from 4,100 public companies globally, the participation of women on boards has increased gradually over the past five years and that, on average, companies with mixed-gender boards have marginally better, or similar, performance to a benchmark index.