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Asian firms with women leaders deliver better financial results
by Beh Lih Yi
Thomson Reuters Foundation Translate This Article
27 June 2019
On 27 June 2019 Thomson Reuters Foundation reported:
Firms whose boards were at least 30 percent female generated more income from their assets than those with all-male boards. Companies with female directors outperform those with only men at the top, according to a study of more than 1,000 Asian firms released on Thursday [27 June].
Global Good News service views this news as a sign of rising positivity in the field of business, documenting the growth of life-supporting, evolutionary trends.
The IFC [International Finance Corporation, the World Bank's investment arm] researched more than 1,000 companies in China, Indonesia, Malaysia, the Philippines, Singapore, Thailand, and Vietnam.
... Thailand is the most gender-diverse, with women holding about 20 percent of board seats among the listed companies, followed by Indonesia and Vietnam, both at 15 percent.
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