Why Do Companies With Women on Their Boards Do Better?
Why do companies with women on their boards get better financial results and have higher stock prices? A recent New York Times opinion suggests it is because women make better decisions under stress. There are both masculine and feminine approaches to making decisions. When there is gender diversity in a group, it is more likely that there will be both kinds of decision process. It is the balance of these approaches to making decisions that explain better outcomes. Having women on boards enables this balance.