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March 24, 2015

More women in charge boosts business profits

  • McKinsey & Co. says firms where leadership roles are more balanced between men and women were more likely to report above-average financial returns.
  • By DANICA KIRKA
    Associated Press

    LONDON — When Rohini Anand took over diversity programs at multinational catering company Sodexo in 2002, she had one goal: To prove that it pays for a company to have equal numbers of male and female managers.

    Sodexo, which has 419,000 employees in 80 countries, says she's done just that. A company-wide study last year found that units with equal numbers of men and women in management roles delivered more profits more consistently than those dominated by men.


     
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