TD Waterhouse video for this weekend took a look at women's progress in the board rooms in Canada. You can watch the video here. This is not the first time that this subject has come up. There have been a number of studies that show that companies with women directors perform better than companies without women directors.
There is a Bloomberg article article dated in July 2012 that talks about this very subject. It also goes on to say those companies with women on board tend to have better debt ratios and pay off debt sooner. An article by Mediamorphis on Word Press talks about women directors in Canada in Media companies.
There was a study published by Credit Suisse on good performance of companies with women as board members. See their write-up about this study here. See the study paper here.
For Canada and USA, if more diversity with women is beneficial, should we not also press for other diversity also? You look at the pictures of directors and instead of see all white men, now you see also some white women. What about diversity to include Asian, blacks and Indians also?
The companies I am reviewing this week, I have looked at the number of women on boards.
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