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Turns Out Women Are Better CEOs Than Men

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Turns Out Women Are Better CEOs Than Men

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A new study from Fortune magazine revealed that companies run by women record better stock market returns than those run by men.

The data shows that Fortune 1000 companies with female CEOs recorded an average return of 103.4 percent over the course of the female CEO's tenure. The S&P 500 Index, which looks at the combined performance of the largest companies on the market, only found the average return to be 69.5 percent. Policy Mic broke down the numbers, pointing out that the number of female CEOs has been rising since 1998, with this year being an all-time high at 24.

The analysis refers to a study in the International Journal of Business Governance and Ethics which found that women were more likely to use "cooperation, collaboration and consensus-building more often" to make choices. It also found that men tend to make decisions by "using rules, regulations and traditional ways of doing business or getting along."

So, women actually make great bosses — who knew? Oh right, we did.

 

Photo Credit: Getty Images

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