CATONSVILLE, MD, November 12, 2019 – A company with a gender-diverse board of directors is interpreted as revealing a preference for diversity and a weaker commitment to shareholder value, according to new research in the INFORMS journal Organization Science.
The study examines investor responses to board diversity and finds that one additional woman on the board results in a 2.3% decrease in the company's market value on average, which could amount to hundreds of millions of dollars.
Click here to read the full press release.
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Ashley Smith
INFORMS
Catonsville MD
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