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Women Discourage Bankruptcy

Published måndag 13 augusti 2007 kl 12.56
The SAS board: Protected?

Companies which have at least one woman on their board of directors run a lower risk of going bankrupt than those with a male-only board, according to new research by the business analysts U.C.

The researchers looked at all incorporated companies in Sweden with an annual turnover of at least 150,000 US dollars and with a minimum of two people on their board.

However, men still dominate the boardrooms - a little over one-fifth of company directors and board members in Swedish businesses are women.

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