The Reibey Institute, a newly founded Australian research centre
focused on women’s leadership issues, released it’s first research note
today noting amongst many preliminary findings that over the past 3 and 5
year periods, ASX500 companies with women directors on their boards
delivered significantly higher Return on Equity (ROE) than those
companies without women directors.
ASX500 companies with women directors delivered an average ROE over 3 years that was 10.7% higher than those without women directors, according to the report. This is consistent with international research conducted by Catalyst, the global authority on gender diversity, which found that organisations with more women on boards produce financial results up to 35% stronger.
Click here to access the full report from the Reibey Institute.