Monday 26 September 2016

More women on boards makes good business sense

Published 08/03/2016 | 02:30

Pictured at Powerscourt Townhouse Centre are (L-R) Julie Fenton, Partner at EY, Sandra Lawler, Director at Alternatives and finalist of the EY Entrepreneur of the Year programme 2006, and Anne Heraty, CEO of Cpl Resources and Chairperson of the EY Entrepreneur Of The Year judging panel.
Pictured at Powerscourt Townhouse Centre are (L-R) Julie Fenton, Partner at EY, Sandra Lawler, Director at Alternatives and finalist of the EY Entrepreneur of the Year programme 2006, and Anne Heraty, CEO of Cpl Resources and Chairperson of the EY Entrepreneur Of The Year judging panel.

Organisations with 30pc female leaders could add up to six percentage points to their net margin, according to a new survey published to coincide with International Women's Day.

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Ireland ranks 28th out the top 56 countries surveyed for number of women on boards in the global survey by EY and The Peterson Institute for International Economics.

The report was carried out across almost 22,000 publicly traded companies (52 in Ireland) from 91 countries worldwide.

The countries with the most women on boards are Norway (40pc), Latvia (25pc), Italy (24pc), Finland (23pc) and Bulgaria (22pc). Of the Irish companies surveyed, the results also indicate that 2pc had a female chair and 8pc had a female CEO.

Pictured at the report's launch at Dublin's Powerscourt Townhouse Centre are (left to right) Julie Fenton, partner at EY; Sandra Lawler, director at Alternatives and finalist of the EY Entrepreneur of the Year programme 2006; and Anne Heraty, CEO of Cpl Resources and Chairperson of the EY Entrepreneur Of The Year judging panel. Photo: Maxwells

Irish Independent

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