Business Maverick
Higher-Rated Companies Have More Women at the Top, Says Moody’s
Companies that have more women at board level tend to have higher credit worthiness, according to new findings by Moody’s Investors Service.
Government mandates, pressure from large institutional investors and disclosure requirements have been key in areas with most progress, the report said. The European Union, for instance, pushed to improve gender equality at the top of businesses, with the European Parliament last year approving rules which mean at least 40% of non-executive director posts must be held by women at large, listed companies by 2026.
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