When Women Take Over Family Firms, Profitability Increases
March 24, 2014 Editor 0
A study of thousands of family-owned firms in Italy reveals that, on average, replacing a male CEO with a woman improves a company’s profitability, an effect that becomes more pronounced as the proportion of women on the board of directors increases, says a team led by Mario Daniele Amore of Bocconi University in Milan. Overall, the more women on the board of a female-led firm, the more profitable it is likely to be. The presence of women directors may make female CEOs feel more comfortable, improving cooperation and facilitating information exchange, the researchers say.
- iHub Cluster | A Technical Deep Dive
- Human factors for capacity building: lessons learned from the OpenMRS implementers network.
- Governing Innovation in Practice – The Role of Top Management
- Innovation Governance – How Well Does it Work?
- Biofuel from biomass one step closer to reality thanks to discovery to manipulate ‘hot’ microbes
- Engendering security in fisheries and aquaculture: WorldFish systematic review and Indonesia experiences
Subscribe to our stories
- Entrepreneurial Alertness, Innovation Modes, And Business Models in Small- And Medium-Sized Enterprises December 30, 2021
- The Strategic Role of Design in Driving Digital Innovation June 10, 2021
- Correction to: Hybrid mosquitoes? Evidence from rural Tanzania on how local communities conceptualize and respond to modified mosquitoes as a tool for malaria control June 10, 2021
- BRIEF FOCUS: Optimal spacing for groundnuts in smallholder farming systems June 9, 2021
- COVID-19 pandemic: impacts on the achievements of Sustainable Development Goals in Africa June 9, 2021