Do Women Executives Recession-Proof Their Companies?

My thanks to Mark Klein, a life-long friend and Senior Business Analyst who also has time to read during his commute into NY City each day. Today, he found this tidbit. I'll have to forward it to Judy Rosener the visionary who wrote "America's Competitive Secret - Women Managers back in 1995!

The more women on a company's senior management team, the less its share price fell in 2008, according to an analysis of companies from the French CAC 40 stock exchange index. The stock prices of companies led by executive teams with 38% or more women declined less than the CAC 40 average of 42.7%, while stocks of companies with more male-dominated management teams dropped more than the average. Hermès was the only large company whose share price rose (16.8%) and it has the second highest percent of female executives (55%).

Source: CERAM Business School

Comments

[Christina Viering]

Glad to hear this news!

[Marjorie]

That says alot about how women have good business sense. We always make provisions.

[Birmingham dentistry]

Compared to men, women have considerable changes and fields to get job.