Gender gap in board rooms impacts business


A New York Times opinion piece  indicates a gender gap exists at the board level. New research focusing on corporate boards in Europe suggests closing the gap by adding more female board members could boost companies’ productivity and profitability. That’s why some European countries are establishing quotas as high as 40 percent for female board members, the Times reported.  Corporate boards that include female members have higher operational profits and better auditing, risk oversight and control than all-male boards, according to a McKinsey study cited in the piece.