Thanks to the Women's Quota, Companies Are More Successful

A recent study by the Austrian National Bank (OeNB) now shows black and white: women in management floors are not only a profit for the corporate culture, but above all for the account. The figures speak for themselves: More female supervisory boards mean higher profits, less risks and more sustainable growth. These are the results of a study by the National Bank (OeNB), which, according to the authors, shows for the first time a deeper causal r…

"Our study shows on an empirical and causal basis that a higher proportion of women in the supervisory boards of large companies is not only ethically or socially sensible, but above all economically sensible," the authors write in a blog entry of the National Bank. Specifically, the authors show, for example, that ten percentage points more women in the board result in approximately one percentage point more capital profitability. Likewise, the…

Higher proportion of women coincides with more in-depth board discussions