A new study from leading asset manager, BlackRock, found that gender balanced companies outperform their peers.
The study measured return on assets with gender balanced companies in the middle quintile reporting average annual return on assets of 7.7 per cent, compared with 5.6 per cent for those with the highest share of men in their workforce and 6.1 per cent for those with the highest share of women.
In addition, maternity leave was found to impact company performance, with companies where longer maternity leave was taken outperforming those where leave was shorter.
This comes as no surprise to us at Female Founders Rise. It adds to a growing body of evidence that businesses led by women and those that support equitable working practices provide good returns for investors.
Read the full article on the FT website