There has been a growing debate about whether Female Executives are more successful in comparison to their male counterparts. While it is true that women are more likely to be promoted to the top of the company, it is also true that men are more likely to have more leverage and achieve greater success in the same position. However, one study suggests that the results of the experiment are not necessarily conclusive.
A study by Peakon, a real-time HR insights platform that works with hundreds of companies globally, found that companies with more female CEOs outperform firms with a majority of men. The researchers looked at more than 40 key categories and isolated five areas where female-led companies are more successful than their male counterparts. This data represents almost six thousand employees and 3,000 managers in 43 countries, with the majority of respondents from the U.S.
A new study by Credit Suisse and the S&P adds creditability to these findings. Both studies show that companies with more female leaders had higher profitability and stock market performance than their male counterparts. This study also shows that companies with more female-led CEOs have a stronger corporate culture and higher levels of employee satisfaction. This research proves that women are more likely to be promoted, which is another reason why they are more successful.
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