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Business Daily

Bossy Women and Women Bosses

Business Daily

BBC

Business

4.4816 Ratings

🗓️ 9 November 2018

⏱️ 17 minutes

🧾️ Download transcript

Summary

Does increasing the number of women on a company's board boost its financial performance? It's a popular narrative, but Manuela Saragosa speaks to Professor Renee B Adams of Said Business School at Oxford University, who claims there is no evidence to support it. And she asks Gay Collins of campaigning group the 30% Club whether it even matters.

Plus, how do you tell a male colleague that he's wrong without hurting his feelings? Or interact with a male employee without threatening his ego? Comedian Sarah Cooper has some tongue-in-cheek tips for the aspiring female executive.

(Picture: Young businessman being disciplined by female boss; Credit: LukaTDB/Getty Images)

Transcript

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0:00.0

Hello, I'm Manuela Saragossa, and this is Business Daily from the BBC.

0:05.8

Picture this. You're a woman at a meeting, and you've just spotted that your male colleague has made a mistake.

0:11.3

What do you do?

0:12.1

You kind of want to, you know, put yourself down a little bit and say, you know, you're not sure,

0:17.5

and you don't even really like numbers. You don't even understand math, really, but maybe

0:22.3

these numbers might be wrong. Coming up, a comedian. She's the author of how to be successful

0:28.2

without hurting men's feelings. Plus, what exactly changes at a company when women join the

0:34.4

corporate board? That's here on Business Daily from the BBC.

0:41.0

2018 has been called the Year of the Woman. That's after female candidates performed particularly

0:46.3

well in the US midterm elections this week. More women will now serve in Congress than ever before.

0:53.0

But what difference does the gender composition of a ruling body actually make?

0:58.0

Well, in the business world, it's often argued that having more women on a company's board,

1:02.2

having more female directors, improves a company's productivity, financial performance and value.

1:07.9

But Renee Adams, Professor of Finance at the University of Oxford's Saeed Business School,

1:13.1

says the impact isn't always so obvious. People claim that they found evidence that having more

1:19.8

women can increase value, but likewise there's also evidence that it doesn't increase value on

1:25.2

average. So the evidence is really basically that there's no robust relationship.

1:30.2

What does it depend on then, where it does increase value or it doesn't?

1:35.4

What does it depend on?

1:36.5

Probably the people who are on the board.

1:38.5

I mean, so I've done some research with a co-author who's at LSE,

1:42.5

and what we found is that female board members

...

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