HBR

Startups with female directors have a better chance of survival

by Editor

August 13, 2013 | 2:17 pm
  |     |     |   Start Conversation

Newly incorporated companies with one female director have a 27 percent lower risk of becoming insolvent than comparable firms with all-male boards, reports a team led by Nick Wilson of Leeds University Business School in the U.K.

The effect decreases as the number of female directors rises, suggesting that what matters is diversity rather than the specific number of women on the board.

Past research shows that groups with greater gender diversity generate more innovative thinking in problem solving.

(Source: International Small Business Journal.)

 


by Editor

August 13, 2013 | 2:17 pm
12893  |   93   |   0  |   Start Conversation

Big Read |  

Analysis
Does Conoil need a makeover?

Does Conoil need a makeover?

One of Nigeria’s oldest company, Conoil Plc is looking like a company in need of a game changer as its...



MTN Felele

Banking App