Shareholders rate women board members more highly than men
Tuesday, March 8, 2016 - 10:31
in Psychology & Sociology
Companies with women on their executive and supervisory boards are valued more highly by the stock markets. Investors rate the performance of the few women who climbed to the top of the career ladder in companies without a gender quota as being better than that of their male peers. Economists from the Technical University of Munich (TUM) and the University of Hong Kong used an unusual method to reach this conclusion. They studied the share price development of companies following the exit of top managers due to death or illness in a sample of around 50 countries.