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Ramona Zharfpeykan, Lecturer, Department of Accounting and Finance, University of Auckland, Waipapa Taumata Rau

Diversity helps: a new study shows more women on boards can improve how businesses are managed

Jacob Lund/Shutterstock

Despite large multinational companies such as Goldman Sachs, Paramount, Google and others removing their diversity, equity and inclusion policies, the evidence is clear: having a diverse team can help businesses make better, more empathetic decisions.

At the top level, a growing body of research shows having more women on corporate boards leads to better decision-making, stronger governance and improved environmental, social and governance (ESG) performance.

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