Board Diversity Improves Corporations

Harvard Law School Forum on Corporate Governance tells us that board gender diversity improves investment outcomes by increasing board monitoring, board advisory effectiveness, and board risk aversion as well as two-way communication regarding investment proposals between the board and managers and the board and the investment community. They examined 83 policies in 59 countries. They also discuss the limited number of women and gender tokenism.

Harvard Law School Forum on Corporate Governance | Board Gender Diversity and Investment Efficiency: Global Evidence from 83 Country-Level Interventions