Three or more women directors on company boards results in significant improvement of company performance
Research from Newcastle University Business School has sparked investigation into the positive impact women directors can have on company boards.
28 March 2022
Gender balance in the North East
Our research with 81 women leaders at the very top of the FTSE100/250 and organisations in the North of England shows how women across the age range of 33 - 67-years-old can become Executive/Non-Executive Directors[1]. So what happens to company performance once women are there?
As our region’s aim is to grow and develop a more productive, inclusive and sustainable regional economy, how could a proactive strategy of inclusivity for women leaders impact positively on gender balance, company performance and influence the future of work?
If we want to improve North East gender balance and company performance then 3+ women on boards should make a difference: ‘one is a token, two is a presence and three is a voice’[2] of gender diversity in the boardroom.