Catherwood LibraryILR School

Corporations with a higher number of women in top management positions experienced increased profitability, reports a new study that surveyed almost 22,000 publically traded companies in 91 countries. A 30% increase in women executives would be correlated to a 15% boost in profitability. The same survey reported that gender diversity in corporate executive positions appears to be weak, with 60% of the corporations surveyed reporting no female board members, more than 50% with no female executives, and less than 5% with a female chief executive. Countries with female students who score highly on math assessments were more likely to have women in management positions, and companies with stronger paternity leave policies resulted in higher female leadership.