The Importance Of Women On Corporate Boards

718 Words3 Pages
Following a systematic literature search, data from 20 studies on 3097 companies published in peer-reviewed academic journals were included in the meta-analysis. On average, the boards consisted of eight members and female participation was low (mean 14%) in all studies. Half of the 20 studies were based on data from developing countries and 62% from higher income countries. According to the random-effects model, the overall mean weighted correlation between percentage of females on corporate boards and firm performance was small and non-significant (r = .01, 95% confidence interval: -.04, .07). Similar small effect sizes were observed when comparing studies based on developing vs. developed countries and higher vs. lower income countries.…show more content…
Or more than men anyway. Even though I'm not sure what the percentage of that is . Third companies want to incorporate new perspectives and ideas to generate learning. When this is the goal of a board, diversity is integrated in all it's practices and informs all talks and decision making and producing the biggest impact. References: Jan Lunca Pletzer, Romina Nickolovas, Karine Kedzior, Steven Voelpel (2017) Public Library of Science ncidi,nlm.nih.gov Correct Answer: n/a ********************************************************************************************************** 3. Which of the evidence-based decision-making implementation principles is consistent with the idea of recognizing failure to promote innovation? Provide examples to support your conclusions. Student Answer: `One of the most common innovation mistakes companies make is urging risk-taking while punishing commercial failure. The academic literature suggests that almost every successful product had a failure somewhere in its lineage. But inside most companies, working on something that “fails” commercially carries significant stigma, if not outright career risk. It’s no surprise that people play it safe. That’s not to say that companies should encourage failure. When people do something stupid, make sloppy mistakes, or screw up something that has dramatic repercussions on the business, they should absolutely be held accountable. The trick is
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