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EY Study: family businesses believe in the value of women in leadership

The largest, longest-lasting family businesses in the world are moving women further and doing so faster than their non-family counterparts.

Why is this important? Because these businesses are the anchors of the world economy. Family businesses as a whole create an estimated 70%–90% of the global GDP1 and 50%–80% of jobs in the majority of countries worldwide.They employ vast numbers of people, dominate key markets, and are intrinsically important to their local communities and global economies - and have been for generations. 

 

A wealth of research exists to demonstrate that having women in leadership and strategic roles makes economic sense for businesses. It’s been consistently shown in numerous studies that more women in leadership means better financial and all-around performance.

 

For more information, please see the Romanian version of the article, here.

 

Authors

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ERNST & YOUNG SRL