Fast Company has a great post today on some research by Credit Suisse. Key findings:
- "Only 41% of companies on the MSCI World Index, a collection of global stocks, had any women on their boards at the end of 2005. By the end of 2011, it had increased to 59%."
- "Between 2005 and 2007, when economic growth was relatively robust, there was little difference in share price performance between companies with or without women on the board."
- "From 2008 onwards, as volatility increased, the companies with female board members outperformed the others."
So when times get tough in the business, look to women...which you should have learned from your mother at about age 3. Credit Suisse's conclusion: "More women in the group signaled a greater collective intelligence."