The research also found that women-led companies generated nearly $2 trillion in excess profits over the study horizon, compared to those led by men, and the companies they led tended to have more diverse boards, with twice the number of women on them.
Numerous studies have shown that female-led companies outperform male-led companies on metrics ranging from stock price momentum and returns, profitability increases and employee satisfaction. Venture capitalism-backed firms with female founders or predominantly female leadership groups have been found to sell or go public faster, and at higher valuations.