Companies run by women make more money, says Intellect


Companies run by women make more money, says Intellect

Tony Collins

Companies with the highest proportion of women in senior management have better return on equity and total returns to shareholders, according to the president of IT suppliers association Intellect.

Intellect - whose 800 member companies contribute about 10% of UK GDP and employ more than one million people - goes as far as to quantify the difference women make in running companies.

Its first President's Report - announced at the Intellect annual dinner at the Dorchester last week - said the return on equity is 35.1% higher and total return to shareholders is 34% higher where companies have the highest proportion of women in senior management.

And female chief executives or board directors add a 10% return on capital, said Intellect.

All this explains why Intellect is worried about the gender imbalance of those taking degrees in computer-related sciences. The report, which is introduced by Sean Finnan, President of Intellect, said, "With over 140,000 new entrants new entrants needed every year, the gender imbalance in those taking computer science-related degrees and in the technology sector in the UK is one of the worst in Western Europe.

More on IT Projects blog >>

Why IT must do more to appeal to women >>

Email Alerts

Register now to receive IT-related news, guides and more, delivered to your inbox.
By submitting your personal information, you agree to receive emails regarding relevant products and special offers from TechTarget and its partners. You also agree that your personal information may be transferred and processed in the United States, and that you have read and agree to the Terms of Use and the Privacy Policy.

COMMENTS powered by Disqus  //  Commenting policy