Companies with more women leaders are more profitable

Advocates for gender parity like to argue that equality is not just about fairness, but also about better business results.

New data from the Peterson Institute for International Economics and EY bolsters that case. The groups analyzed results from 21,980 global, publicly traded companies, in 91 countries from various industries and sectors and showed that having at least 30% of women in leadership positions, or the “C-suite,” adds 6% to net profit margin.

“The evidence on women in the C-suite is robust: no matter how we torture the data we get the same result: women in the C-suite are associated with higher profitability,” Marcus Noland, director of studies at the Peterson Institute, told Quartz in an email.

http://qz.com/612086/huge-study-find-that-companies-with-more-women-leaders-are-more-profitable/