Women make up nearly half of the U.S. labor force and are a crucial part of the economy. While there are many glass ceilings yet to be broken, studies have shown the economic benefits to breaking them in corporate leadership.
One recent report, “Is Gender Diversity Profitable? Evidence from a Global Survey,” finds a positive correlation between the presence of women in corporate leadership positions and firm financial performance. Co-author of the report, Dr. Marcus Noland, Executive Vice President and Director of Studies at the Peterson Institute for International Economics, joins CED to discuss the report’s findings and to look at the next steps that companies can take to increase gender diversity in corporate leadership.