An analysis of 2,360 global companies in a variety of industries found that companies with women on their executive boards outperformed companies with all-male executive boards. Gender-diverse management teams showed superior return on equity, debt/equity ratios, price/equity ratios, and average growth. Many of these benefits appeared after the 2008 global economic crash, leading researchers to conclude that gender diversity might be especially valuable in times of recession. The study also concluded that gender-diverse executive boards decrease volatility and increase balance throughout the economic cycle.

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