SINGAPORE — Advocates for corporate gender equality might want to take a closer look at research from the National University of Singapore (NUS), which links diversity to business performance.
Having just one female independent director on a company's board can raise its business performance by at least one measure, according to a study by NUS.
The study, led by Associate Professor Lawrence Loh from NUS Business School, found that if the average number of female independent directors on boards increases by one, the company's performance, as measured by Tobin's Q ratio of market value to book value, would rise by 11.8 per cent.
More at https://www.todayonline.com/world/gender-diversity-linked-business-performance-according-nus-study
Having just one female independent director on a company's board can raise its business performance by at least one measure, according to a study by NUS.
The study, led by Associate Professor Lawrence Loh from NUS Business School, found that if the average number of female independent directors on boards increases by one, the company's performance, as measured by Tobin's Q ratio of market value to book value, would rise by 11.8 per cent.
More at https://www.todayonline.com/world/gender-diversity-linked-business-performance-according-nus-study