Rather than understanding gender through the lens of performance, our approach to this paper was to understand whether the gender gap was a function of talent and labor availability rather than cultural bias.  In short – do financial firms maximize their available talent and labor supplies? MSCI ESG Research estimated the available supply of talent workforce in any given country and mapped them to individual financial firms based on the geographies where they operate and recruit talents...

msci woman on boards 2016 A growing body of research shows that having three women on a corporate board represents a “tipping point” in terms of influence, which is reflected in financial performance. U.S. companies that began the 2011-2016 period with at least three women on the board experienced median gains in Return on Equity (ROE) of 10 percentage points and Earnings Per Share (EPS) of 37%. In contrast, companies that began the period with no female directors experienced median changes...