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In the last five years, we’ve seen more women rise to the top levels of companies. An increasing number of companies are seeing the value of having more women in leadership, and they’re proving that they can make progress on gender diversity. This is an important step in the right direction.

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2019 Progress Report

Continuing the work begun by GMI Ratings in 2009, MSCI ESG Research LLC has been reporting annually on the state of women’s representation on corporate boards. As part of this evolving series we have added

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The study finds that firms with female CFOs are more profitable and generated excess profits2 of $1.8T over the study horizon.

Key Takeaways

  • Firms with female CEOs and CFOs have produced superior stock price performance, compared to the market average.

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