MORE WOMEN DIRECTORS: LESS FRAUD
March 8th, 2015
Companies with a higher proportion of women on their board than is the norm, or required by regulators, are less prone to governance-related scandals such as fraud, corruption, bribery and shareholder battles.This emerges from an international survey of more than 6,500 boards conducted in 2014 by MSCI, a leading provider of investment decision support tools.“We (also) found companies domiciled in tax havens exhibit lower rates of women on boards than their peers domiciled in developed markets,” said Matt Moscardi, MSCI senior analyst.This could signal a ...
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