The share prices of FTSE250 firms with more gender-diverse boards have fared better than others during the coronavirus pandemic, according to a new report by New Street Group, the consultancy.
Shares in the top 25 FTSE250 companies by board diversity suffered a 24% decline in their shares between 2 January and 4 June 2020, compared with a 29% decline in the closest comparable portfolio of FTSE250 firms with less diverse boards.