Skip to content


  • Add this article to your LinkedIn page
  • Add this article to your Twitter feed
  • Add this article to your Facebook page
  • Email this article
  • View or print a PDF of this page
  • Share further
  • Add this article to your Pinterest board
  • Add this article to your Google page
  • Share this article on Reddit
  • Share this article on StumbleUpon
  • Bookmark this page

Research finds female leaders generate higher shareholder returns


Alex Jones

Governance & Compliance

5 July 2013


The ICSA magazine, Governance & Compliance, has reported on PA Consulting Group’s analysis of the financial results of 50 listed companies and the gender make-up of their boards. PA’s analysis found that executive leadership teams with an even split of men and women performed the best; the organisations with no women on their leadership team were ranked lowest in both financial and cultural measures.

PA’s report establishes a relationship between success and organisational culture by analysing employees’ responses to detailed interviews around engagement, behaviour and values.

The article quotes PA talent management expert Lesley Uren, who says: “Despite decades of well-meaning interventions, and in the face of incredible pressure from society, many companies have had limited success in accelerating women up the management ladder.
“We started our research with the conviction that something vital was missing from the debate. What we found suggests that organisational culture – something frequently overlooked by other studies – is the key. As our findings show, it is absolutely in companies’ best interests to raise their game when it comes to promoting gender diversity. And the way to start is by getting the right culture in place.”

Contact the people and talent team

By using this website, you accept the use of cookies. For more information on how to manage cookies, please read our privacy policy.