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Female CEOs: A Steady Hand at the Wheel

Bottom Line: The number of women presiding over large companies still lags far behind men, yet the firms they lead tend to be more risk averse and more profitable over the long term.

How do female CEOs at large firms differ from their male counterparts? We certainly know they’re heavily outnumbered. Although the number of female CEOs at Fortune 500 companies reached a record high in 2014, there were still only 24 — just 4.8 percent. And the much-discussed gender gap in the upper echelons of corporations isn’t a phenomenon unique to the United States: In the same year, the Wall Street Journalreported that only 3 percent of the 145 largest companies in Scandinavia had a woman at the helm, in a business landscape otherwise renowned for its diversity-oriented policies.

by Matt Palmquist, read more in www.strategy-business.com/blog 

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