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."
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.
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Source: MarketWatch - 🏆 3. / 97 Read more »