Equity REITs with Female Directors Outperform those with All-Male Boards
Peter Grant of the Wall Street Journal reports that a new study by Wells Fargo Securities "determined that companies with more than the average percentage of women" on their board "achieved higher average price and total returns over that period," [referencing 165 equity REITs from 2006 to 2017]. The real-estate industry has historically been a sector with overwhelming male presence but the movement towards gender equality in workplace representation has now recieved a welcom