Fortune: Women-led companies perform three times better than S&P 500
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Quantopian, a Boston-based trading platform based on crowdsourced algorithms, pitted the performance of Fortune 1000 companies that had women CEOs between 2002 and 2014 against the S&P 500’s performance during that same period. The comparison showed that the 80 women CEOs during those 12 years produced equity returns 226% better than the S&P 500. (Global nonprofit women’s issues researcher Catalyst compiled the list of women CEOs used in the simulation.)
Here’s how the simulation works: Rubin invests a hypothetical $100,000 in the companies that had women CEOs between Jan. 1, 2002 and Dec. 31, 2014 and another $100,000 in the S&P 500. Rubin buys a company’s stock when the woman becomes CEO, and holds it through the CEO’s tenure.
According to the algorithm, the women CEO fund would end up being worth $448,158, or a return of 348%, while the S&P 500 investment would have risen to $222,306, or a return of 122 %. The results are even on the conservative side for the performance of the women CEOs, since dividends weren’t reinvested automatically as they were with the S&P 500.
http://fortune.com/2015/03/03/women-led-companies-perform-three-times-better-than-the-sp-500/
“There’s a lot of the theorizing around why the results are dramatically higher for the women, but most think it has to do with how hard women have to work to become CEO at such big companies in the first place,” Rubin says. The ones who do “really represent the cream of the crop,” she adds.
Gonna need to see the actual sample to judge here. Was the fund evenly distributed? Were all industries adequately represented?
For me, it logically follows that companies willing to hire women as CEOs probably have fairer and more open cultures conducive to better productivity/results.
Gonna need to see the actual sample to judge here. Was the fund evenly distributed? Were all industries adequately represented?
For me, it logically follows that companies willing to hire women as CEOs probably have fairer and more open cultures conducive to better productivity/results.
By HasphatsAnts“There’s a lot of the theorizing around why the results are dramatically higher for the women, but most think it has to do with how hard women have to work to become CEO at such big companies in the first place,” Rubin says. The ones who do “really represent the cream of the crop,” she adds.I think that's a big point that can be gathered from it all too.
Gonna need to see the actual sample to judge here. Was the fund evenly distributed? Were all industries adequately represented?
For me, it logically follows that companies willing to hire women as CEOs probably have fairer and more open cultures conducive to better productivity/results.
By DY_nastyBy HasphatsAnts“There’s a lot of the theorizing around why the results are dramatically higher for the women, but most think it has to do with how hard women have to work to become CEO at such big companies in the first place,” Rubin says. The ones who do “really represent the cream of the crop,” she adds.I think that's a big point that can be gathered from it all too.
Gonna need to see the actual sample to judge here. Was the fund evenly distributed? Were all industries adequately represented?
For me, it logically follows that companies willing to hire women as CEOs probably have fairer and more open cultures conducive to better productivity/results.
Feel free to believe that if you want. Businesses don't see people, they see dollar signs. Whoever produces results gets to the top. If they happen to be female, well, that's good PR too, but not a priority.
By Zero ToleranceI mean, that's nice to believe and all but that isn't how things work. Biases exist.By DY_nastyBy HasphatsAnts“There’s a lot of the theorizing around why the results are dramatically higher for the women, but most think it has to do with how hard women have to work to become CEO at such big companies in the first place,” Rubin says. The ones who do “really represent the cream of the crop,” she adds.I think that's a big point that can be gathered from it all too.
Gonna need to see the actual sample to judge here. Was the fund evenly distributed? Were all industries adequately represented?
For me, it logically follows that companies willing to hire women as CEOs probably have fairer and more open cultures conducive to better productivity/results.
Feel free to believe that if you want. Businesses don't see people, they see dollar signs. Whoever produces results gets to the top. If they happen to be female, well, that's good PR too, but not a priority.
By Zero ToleranceBy DY_nastyBy HasphatsAnts“There’s a lot of the theorizing around why the results are dramatically higher for the women, but most think it has to do with how hard women have to work to become CEO at such big companies in the first place,” Rubin says. The ones who do “really represent the cream of the crop,” she adds.I think that's a big point that can be gathered from it all too.
Gonna need to see the actual sample to judge here. Was the fund evenly distributed? Were all industries adequately represented?
For me, it logically follows that companies willing to hire women as CEOs probably have fairer and more open cultures conducive to better productivity/results.
Feel free to believe that if you want. Businesses don't see people, they see dollar signs. Whoever produces results gets to the top. If they happen to be female, well, that's good PR too, but not a priority.
You're thinking about it backwards. His point was a proper business sees everyone as a potential productive resource. Some companies simply cast women aside because of various kinds of sexism including the assumption they will be less valuable to the company while pregnant or as a mom.
By dbBy Zero ToleranceBy DY_nastyBy HasphatsAnts“There’s a lot of the theorizing around why the results are dramatically higher for the women, but most think it has to do with how hard women have to work to become CEO at such big companies in the first place,” Rubin says. The ones who do “really represent the cream of the crop,” she adds.I think that's a big point that can be gathered from it all too.
Gonna need to see the actual sample to judge here. Was the fund evenly distributed? Were all industries adequately represented?
For me, it logically follows that companies willing to hire women as CEOs probably have fairer and more open cultures conducive to better productivity/results.
Feel free to believe that if you want. Businesses don't see people, they see dollar signs. Whoever produces results gets to the top. If they happen to be female, well, that's good PR too, but not a priority.
You're thinking about it backwards. His point was a proper business sees everyone as a potential productive resource. Some companies simply cast women aside because of various kinds of sexism including the assumption they will be less valuable to the company while pregnant or as a mom.
How am I thinking about it backwards? I reject the idea that a business with female CEOs "probably" are more inclusive. The idea of what is "proper" in business is an ethical minefield. The only purpose of "business" is to profit. Whatever maximizes profit is "considered good for business" and is pursued. Wal-Mart and Amazon are great examples of crap employee infrastructure but crazy profits.
We're speaking casually, but I'm saying that I seriously doubt that the women who are CEO's are successful because those businesses were empathetic concerning their struggles as women coming up in a patriarchal leadership structure, but rather, they "made it" because they put their male competition to shame. I cannot imagine a scenario where a business would take a woman as CEO if she made the company say, $500k less in profit than the male equivalent, just because she's female and that's good PR. Naw, if she's in leadership, it's because she is moping the floor with a bunch of dudes who are probably there because of their (white, male) privilege, or even those who are actually trying.
By Zero ToleranceBy dbBy Zero ToleranceBy DY_nastyBy HasphatsAnts“There’s a lot of the theorizing around why the results are dramatically higher for the women, but most think it has to do with how hard women have to work to become CEO at such big companies in the first place,” Rubin says. The ones who do “really represent the cream of the crop,” she adds.I think that's a big point that can be gathered from it all too.
Gonna need to see the actual sample to judge here. Was the fund evenly distributed? Were all industries adequately represented?
For me, it logically follows that companies willing to hire women as CEOs probably have fairer and more open cultures conducive to better productivity/results.
Feel free to believe that if you want. Businesses don't see people, they see dollar signs. Whoever produces results gets to the top. If they happen to be female, well, that's good PR too, but not a priority.
You're thinking about it backwards. His point was a proper business sees everyone as a potential productive resource. Some companies simply cast women aside because of various kinds of sexism including the assumption they will be less valuable to the company while pregnant or as a mom.
How am I thinking about it backwards? I reject the idea that a business with female CEOs "probably" are more inclusive. The idea of what is "proper" in business is an ethical minefield. The only purpose of "business" is to profit. Whatever maximizes profit is "considered good for business" and is pursued. Wal-Mart and Amazon are great examples of crap employee infrastructure but crazy profits.
We're speaking casually, but I'm saying that I seriously doubt that the women who are CEO's are successful because those businesses were empathetic concerning their struggles as women coming up in a patriarchal leadership structure, but rather, they "made it" because they put their male competition to shame. I cannot imagine a scenario where a business would take a woman as CEO if she made the company say, $500k less in profit than the male equivalent, just because she's female and that's good PR. Naw, if she's in leadership, it's because she is moping the floor with a bunch of dudes who are probably there because of their (white, male) privilege, or even those who are actually trying.
Uh the point is that the companies are about maximizing profit and efficiency so they wont look over the best candidate, male or female. The companies with those women at the top are fairing better because they chose the best candidate rather than nepotism or old fashioned sexism. I don't see where you're getting confused here. That's the point they were making.
By dbBy Zero ToleranceBy dbBy Zero ToleranceBy DY_nastyBy HasphatsAnts“There’s a lot of the theorizing around why the results are dramatically higher for the women, but most think it has to do with how hard women have to work to become CEO at such big companies in the first place,” Rubin says. The ones who do “really represent the cream of the crop,” she adds.I think that's a big point that can be gathered from it all too.
Gonna need to see the actual sample to judge here. Was the fund evenly distributed? Were all industries adequately represented?
For me, it logically follows that companies willing to hire women as CEOs probably have fairer and more open cultures conducive to better productivity/results.
Feel free to believe that if you want. Businesses don't see people, they see dollar signs. Whoever produces results gets to the top. If they happen to be female, well, that's good PR too, but not a priority.
You're thinking about it backwards. His point was a proper business sees everyone as a potential productive resource. Some companies simply cast women aside because of various kinds of sexism including the assumption they will be less valuable to the company while pregnant or as a mom.
How am I thinking about it backwards? I reject the idea that a business with female CEOs "probably" are more inclusive. The idea of what is "proper" in business is an ethical minefield. The only purpose of "business" is to profit. Whatever maximizes profit is "considered good for business" and is pursued. Wal-Mart and Amazon are great examples of crap employee infrastructure but crazy profits.
We're speaking casually, but I'm saying that I seriously doubt that the women who are CEO's are successful because those businesses were empathetic concerning their struggles as women coming up in a patriarchal leadership structure, but rather, they "made it" because they put their male competition to shame. I cannot imagine a scenario where a business would take a woman as CEO if she made the company say, $500k less in profit than the male equivalent, just because she's female and that's good PR. Naw, if she's in leadership, it's because she is moping the floor with a bunch of dudes who are probably there because of their (white, male) privilege, or even those who are actually trying.
Uh the point is that the companies are about maximizing profit and efficiency so they wont look over the best candidate, male or female. The companies with those women at the top are fairing better because they chose the best candidate rather than nepotism or old fashioned sexism. I don't see where you're getting confused here. That's the point they were making.
I'm not getting confused here. I'm saying that these companies can still be sexist even with a female CEO, and even that CEO isn't necessarily free of internalized sexist practices. SCOTUS didn't become more empathetic to civil rights when Clarence Thomas was sworn in.
My outlook is just more cynical than theirs.