International Women's Day 2018

| March 08, 2018
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In support of all of the wonderful women, including my wife and daughter, I thought I would post an interesting note on women in finance.

Bank of America Merrill Lynch (BAML) recently compiled data on this topic. And what they found should not be a surprise.

Over the past seven years, S&P 500 companies where at least 25% of executives were female generated higher one-year returns on equity than the overall index.

The report also noting that women make up just 22% of S&P 500 boards right now.

BAML also cites a McKinsey study from 2015 that found a "statistically significant relationship between diversity of leadership teams and financial performance."

According to the study, companies in the top quartile for gender diversity were 15% more likely to see their operating income surpass the industry median.

Further, BAML finds that companies with more female executives have historically experienced less stock price and earnings volatility.

Progress has been made but more is required.

 

Stay Tuned, Disciplined & Patient! {TJM}

The Investor & Character Equation (ICE) | S + R = O

 

Disclosure
Please remember that past performance may not be indicative of future results. Different types of investments involve varying degrees of risk, and there can be no assurance that the future performance of any specific investment, investment strategy, or product (including the investments and/or investment strategies recommended or undertaken by Meyer Capital Group), or any non-investment related content, made reference to directly or indirectly in this blog will be profitable, equal any corresponding indicated historical performance level(s), be suitable for your portfolio or individual situation, or prove successful. Due to various factors, including changing market conditions and/or applicable laws, the content may no longer be reflective of current opinions or positions. Moreover, you should not assume that any discussion or information contained in this blog serves as the receipt of, or as a substitute for, personalized investment advice from Meyer Capital Group. To the extent that a reader has any questions regarding the applicability of any specific issue discussed above to his/her individual situation, he/she is encouraged to consult with the professional advisor of his/her choosing. Meyer Capital Group is neither a law firm nor a certified public accounting firm and no portion of the blog content should be construed as legal or accounting advice. A copy of the Meyer Capital Group's current written disclosure statement discussing our advisory services and fees is available for review upon request.

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