Part of McKinsey’s Women in the Workplace research, conducted in partnership with LeanIn.Org, this report examines the gender-parity gap in financial services and looks at what can be done to close it. The research finds that women in the financial sector in North America, currently hold less than 22% of C-Suite roles, and blames this lacklustre representation on lesser rates of promotion than male counterparts.
Women on Boards: Global Trends in Gender Diversity on Corporate Boards
Research conducted for this report state that companies with women in strong leadership positions generate a return on equity of 10.1% per year vs. 7.4% without. The MSCI uses this business case to make the argument that quotas are necessary to reach the goal of 30% female representation in a timely manner.