Is Gender Diversity Profitable? Evidence from a Global Survey
Analysis of a global survey of 21,980 firms from 91 countries suggests that the presence of women in corporate leadership positions may improve firm performance. This correlation could reflect either the payoff to nondiscrimination or the fact that women increase a firm’s skill diversity.
Bibliographic Data
Marcus Noland, Tyler Moran, Barbara KotschwarPublisher: PIIE - Peterson Institute for International Economics
English
Content Description
About this publication
Publication type: Study
Topic: Innovative content of gender
Publication source: International
Year of publication: 2016
Published in: Working Paper Series, WP16-3
Women's presence in corporate leadership is positively correlated with firm characteristics such as size as well as national characteristics such as girls' math scores, the absence of discriminatory attitudes toward female executives, and the availability of paternal leave. The results find no impact of board gender quotas on firm performance, but they suggest that the payoffs of policies that facilitate women rising through the corporate ranks more broadly could be significant.
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