How much is a female CEO worth to a company?

Electrifying new Australian research has established direct proof for the first time that companies do better when they appoint more women to leadership positions.

Ms Lyons said while the headline data concerned gender, the principle demonstrated was about diversity, and leadership in organisations reflecting the community. The study finds that increasing the number of female board members by 10 per cent or more produces 4.9 per cent boost to a company's market value.

Federal Cabinet's key "razor gang", for instance, the Expenditure Review Committee, which makes final decisions about Commonwealth expenditure, has since a restructure late last year consisted of five men and no women. It's a mandatory reporting requirement, but WGEA is a "soft touch" regulator so non-compliance does not attract a fine.

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CrossFit Owner Sells Company After Stepping Down As CEOI’m a San Francisco-based reporter covering breaking news at Forbes. I’ve previously reported for USA Today, Business Insider, The San Francisco Business Times and San Jose Inside. I studied journalism at Syracuse University’s S.I. Newhouse School of Public Communications and was an editor at The Daily Orange, the university’s independent student newspaper. Follow me on Twitter rachsandl or shoot me an email rsandlerforbes.com. rachsandl brookewellss katrintanja ltfisher12 richfroning Happy to see him completely disconnecting from the sport!
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