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.

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Zahid commented on 06-Oct-2010 09:43 PM

Very right... I also reckon that the under-representation of females marginalize them with weak negotiation powers for better monetary arrangements. On the contrary, their presences at company boards are positively related with firm performance not only in Australia but same empirical evidence is showcased in the USA context about the relevance of gender diversity. These findings correspond to my research agenda. Cheers, Zahid.