In fact, women directors were more likely than their male peers to bring four of the five least common skills on boards, including risk management, human resources, sustainability and politics/government, according to the report.
After reviewing proxy statements from the Securities and Exchange Commission for S&P SmallCap 600 companies, Daehyun Kim, PhD, an assistant professor of accounting at University of Toronto’s Rotman School of Management, found women directors are more likely than male directors to also have skills related to regulatory/compliance and corporate governance.
Dr. Kim told WSJ he believes similar results can be found on the S&P 1500. Read the full report here.
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