Companies with more women in management outperform their male-led peers, according to Goldman Sachs

A new study by Goldman Sachs found that companies with more women in management and board positions outperformed their more male-led counterparts.
In a basket of 600 European stocks, companies with more female leadership saw their share price outperform on average by 2.5% a year compared with companies with less women leaders.
“Having a greater proportion of women in senior positions is not just a diversity score to target…but is associated with a lower cost of equity, stronger share-price performance and lower volatility of shares,” Sharon Bell, a Goldman equity strategist said.

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