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.

Women's Leadership Fund

The fund will invest in companies demonstrating ‘best practices’ with regard to gender diversity. The aim of the fund is to achieve an above-average return by investing in companies that do a superior job attracting and retaining diversity of talent. The study with Heidrick + Struggles found that gender diversity is the most influential socially responsible investment determinant of higher ROA.

URL: 
http://www.naissancecapital.com/NC/?id=35

Women at PricewaterhouseCoopers, A Global Priority

Women represent half of our global workforce at the recruitment level, and 15 percent of the partnership, a number which continues to increase each year. Although great progress has been made to help women climb the corporate ladder, we know we need to do more.
 

URL: 
http://www.pwc.com/gx/en/women-at-pwc/index.jhtml

Why Gender Balance Matters More Than Ever

OECD projections suggest that in just eleven years, seven out of ten graduates will be women in many countries across the world. It is crucial that men recognize that gender balance and the encouragement of women is a business imperative in today’s tough times.

URL: 
http://www.gn2-newsletter.de/view2.php?C=4273-2E9D5FB7&M=123873&U=4708-EAAE5E04&T=N#

Holding Women Back, 2008-2009

This special report from DDI’s Global Leadership Forecast 2008/2009 is a bi-annual study that measures the impact of leadership development initiatives around the world. The study included data from more than 12,000 leaders from 76 countries. Research revealed the following: female leaders are under-represented in accelerated development programs (like high potential programs and one-on-one mentorship) are secret or happen behind closed doors, organizations aren’t held accountable for gender balance; and, having women represent in significant numbers at every leadership level doesn’t mean that will carry to the executive level– in fact, there is a backlash again women at the top when they are dominant in leadership roles at every other level.
 

URL: 
http://www.ddiworld.com/pdf/GenderReport09_tr_ddi.pdf

Women in the Boardroom and Their Impact on Governance and Performance

We show that female directors have a significant impact on board inputs and firm outcomes. In a sample of US firms, we find that female directors have better attendance records than male directors, male directors have fewer attendance problems the more gender-diverse the board is, and women are more likely to join monitoring committees. These results suggest that gender-diverse boards allocate more effort to monitoring. Accordingly, we find that CEO turnover is more sensitive to stock performance and directors receive more equity-based compensation in firms with more gender-diverse boards. However, the average effect of gender diversity on firm performance is negative. This negative effect is driven by companies with fewer takeover defenses. Our results suggest that mandating gender quotas for directors can reduce firm value for well-governed firms.

URL: 
http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1107721

Examining the Cracks in the Ceiling: A Survey of Corporate Diversity Practices in the Calvert Social Index

Calvert’s recent Diversity Survey, Examining Cracks in the Ceiling, demonstrates that even the best companies have much to accomplish in developing a comprehensive diversity strategy.
 

URL: 
http://www.calvert.com/nrc/literature/documents/CorporateDiversity2008.pdf

‘Girl Power’: Female Participation in Top Management and Firm Performance

Scholars and practitioners have long argued that females exhibit a distinctive and particularly effective managerial style. Yet, less than a third of the largest U.S. corporations have a single female senior executive, raising the question of whether women are in fact effective as senior managers, and, if so, under what circumstances.

URL: 
http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1088182

The Power of Women: Women's Impact on Corporate Performance

In the past few decades, women have made great strides in their involvement in economic activity, moving ever closer to what one might call “gender equality.” Women’s college participation and graduation rates exceed those of men, and more and more women are pursuing “traditionally male” college majors, particularly in professional fields such as law and medicine. However, discrepancies persist in the field of business administration, and this state of affairs is mirrored in the workforce: the proportion of women in managerial occupations is only about 35%.
 

URL: 
http://www.20-first.com/683-0-womens-impact-on-corporate-performance.html

When Women Rank High, Firms Profit

Data suggesting that firms that promote women to senior management positions have superior economic performance because of the different skills women bring to the table.
 

URL: 
http://www4.gsb.columbia.edu/ideasatwork/feature/137194/When+women+rank+high,+firms+profit?&layout=cbs_print&top.region=main

Women in the Boardroom 2008: Annual Study of Georgia Public Companies

For sixteen years, BDN has been gathering data for this annual study to measure the representation of women in the boardrooms of public companies with headquarters based in Georgia.
 

URL: 
http://boarddirectorsnetwork.org/docs/2008_study.pdf
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