Gender equality can lead companies to make more money, Bank of America says

  • 📰 CNBC
  • ⏱ Reading Time:
  • 33 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 72%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

There is one simple solution for companies to make more money, Bank of America Merrill Lynch research shows: Hire more women.

div > div.group > p:first-child"> Haim Israel, an equity strategist at Bank of America Merrill Lynch, said in a note to clients Wednesday that gender diversity can boost return on equity, profit, dividends and market cap at a lower risk rate. And companies that focus on diversity trade at a premium to others.

"The economic gender gap is reducing at a snail's pace and, all being equal, will not close for centuries - 202 years," he said."Corporate America does not look like Main St. America: the average S&P 500 board seats four men for every woman; just 5% of companies have a woman at the helm, and the S&P 600 small cap index, which reflects more recently established corporations, looks even worse on these statistics.

Companies that have seen greater diversity on their boards have also seen lower volatility in earnings and dividends, he said."Incentives to close the gender gap are evident."

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 12. in BE
 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

YEA UNTIL THEY STOP PLAYING A PRACTICE ROLE AND START BEING THOSE SELF CENTERED INDIVIDUALS FULL OF GREED AND HATE ON A POWER TRIP...C.I.A DIRECTOR

Good for Women, not-so-much for everyone else.

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

3 Chip Stocks to Buy Right Now, According to Bank of AmericaAnalyst reiterates his Buy ratings for Analog Devices, Marvell Technology, and Xilinx citing their exposure to the 5G infrastructure build trend.
La source: MarketWatch - 🏆 3. / 97 Lire la suite »