This week, we highlight a compelling study released by the Peterson Institute for International Economics and the audit firm Ernst & Young entitled “Is Gender Diversity Profitable? Evidence from a Global Survey.” Surveying nearly 22,000 publicly traded companies in 91 countries, the study concludes that having more women in top management positions correlates with increased profitability. Furthermore, the causes of gender diversity in executive ranks do not revolve around quotas, but rather include broader factors such as girls’ education, nondiscrimination and paternal leave policies.
Recommended Reading: Is Gender Diversity Profitable? Evidence from a Global Survey
© 2024 Akin Gump Strauss Hauer & Feld LLP. All rights reserved. Attorney advertising. This document is distributed for informational use only; it does not constitute legal advice and should not be used as such. Prior results do not guarantee a similar outcome. Akin is the practicing name of Akin Gump LLP, a New York limited liability partnership authorized and regulated by the Solicitors Regulation Authority under number 267321. A list of the partners is available for inspection at Eighth Floor, Ten Bishops Square, London E1 6EG. For more information about Akin Gump LLP, Akin Gump Strauss Hauer & Feld LLP and other associated entities under which the Akin Gump network operates worldwide, please see our Legal Notices page.