More Women Leaders, Better Corporate Social Responsibility June 26, 2012.

Slides:



Advertisements
Similar presentations
Stock Valuation – Fundamental Analysis
Advertisements

Female Entrepreneurship Global Trends and the Case of Bosnia Conference on Enhancing Women Entrepreneurship in SEE Sarajevo, October Sevi Simavi,
Slide 1 DFID on the economic empowerment of women and girls: a policy response IDRC/DFID Expert meeting on womens economic empowerment, labour markets,
Private Sector Contributions to Job Creation and Poverty Reduction Roland Michelitsch Chief Evaluation Officer Development Impact Department
Preparing Marylands Workforce to Compete Globally Kenneth E. Poole, Ph.D. President CREC Executive Dir. C 2 ER.
What Makes Starbucks a Great Place to Work
The Firm and Its Goals The Firm The Goal of the Firm Do Companies Maximize Profits? Maximizing the Wealth of Stockholders Economic Profits.
WOMEN & WORK: LOCAL, NATIONAL AND EUROPEAN PERSPECTIVES.
PRESENTED BY: PRESENTED BY:AKANKSHA SINGH DIVYA SINGH HARSH VIKRAM SINGH HARSHIT TYGI JYOTI TRIPATHI KRITIKA TYAGI VAISHALI TOMAR.
Corporate Social Responsibility : Issues & Challenges
Implementation of CSR strategies in business operations Birgit Errath, Senior Advisor, IBLF
THE RELATIVE INVESTMENT PERFORMANCE OF THE COMMUNITY GROWTH FUND Anthony Asher APRA 4 July 2005.
Chapter 4. We will want to answer questions about the firm’s n Liquidity n Efficient use of Assets n Leverage (financing) n Profitability.
Equality Means Business
Corporate Social Responsibility The Meaning of Corporate Social Responsibility How Corporate Social Responsibility Began The Corporate Social Responsibility.
SUSTAINABILITY DEFINITION
Lecture 1: An Overview of Financial Management FINANCIAL MANAGEMENT.
FORECASTING PERFORMANCE Presented by: Teerachai Supojchalermkwan Krisna Soonsawad Chapter 11.
Tokyo Conference May 2007 UNITED NATIONS INDUSTRIAL DEVELOPMENT ORGANIZATION FDI: Source of Sustainable Growth Africa Foreign Investors.
Relationship Building in the context of Corporate Social Responsibility Iytha Mallikarjuna National Convention on CSR, Rambhau.
Gender Diversity on Corporate Boards – Does it Matter? Dean’s Distinguished Speaker Series University of Auckland Business School Professor Susan Vinnicombe.
Economics of Gender Chapter 8 Assist.Prof.Dr.Meltem INCE YENILMEZ.
ZEST Gender issues in Agriculture. ZEST This is the state of being male or female (typically used with reference to social and cultural differences rather.
PARTNER’S FORUM of the 9th Women’s Affairs Ministers Meeting St Michael, Barbados 5 June 2010 Lessons from Europe: Promoting Financial Market Recovery.
Environmental Reporting & Sustainability Group 14th Mar 2001 Mallen Baker Impact on Society Director.
The Common Good Balance Sheet: Reporting Based on Humanistic Values Gerd Hofielen Reporting October 7th, Berlin 1.
Capitalideasonline.com CREATING SHAREHOLDER VALUE DURING ECONOMY DOWNTURN WITH VBM TOOLS AND STRATEGIES Chetan J Parikh.
Winning with Integrity - EITC 28th Nov 00 Mallen Baker Impact on Society Director.
Part E – IMPACT OF MULTINATIONAL BUSINESSES ON HOST COUNTRIES AS (3.2): Demonstrate understanding of strategic response to external factors by a.
WELCOME TO THETOPPERSWAY.COM.
Strategy and Sustainability. 1. Compare how operations and supply chain strategy relates to marketing and finance. 2. Understand the competitive dimensions.
COGITA is made possible by Bologna, 23 October 2014 European Public Policies on CSR: The perceptions SMEs Eleni Apospori, Ph.D. Assistant Professor of.
S trategy D esign and P lanning Chapter Outline  The strategic design approach  the strategic planning approach  The Design versus The Planning Model.
ABB and Corporate Social Responsibility Dr. Gülden Türktan.
Copyright © 2009 Pearson Prentice Hall. All rights reserved. Chapter 1 The Role and Environment of Managerial Finance.
Corporate Social Responsibility
PREPARED BY: NICHOLAS ANASINIS MARIA ISMAIL PATRICIA JURCA LEI YANG CORPORATE SUSTAINABILITY WORKOUT TEN YEAR SUSTAINABILITY PLAN APRIL 30, 2010.
STRATEGIES FOR GENDER DIVERSITY ARE YOU READY – GETTING THE BALANCE RIGHT! MS KATHRYN PRESSER WOMEN IN RESOURCES – SOUTH AUSTRALIA CFO / COMPANY SECRETARY.
“Towards the Top – Advancing Women in the Workplace" Gender balance in corporate leadership positions : an economic and business imperative Daniela Bankier,
CORPORATE GOVERNANCE IN EMERGING MARKETS Henriette Kolb Gender Secretariat International Finance Corporation.
TRANSPORTATION RESEARCH BOARD WATER SCIENCE AND TECHNOLOGY BOARD TRANSPORTATION RESEARCH BOARD TRB’s Vision for Transportation Research.
Chapter 1 Finance and Business. Areas of Finance Business Finance – Decision making within a business setting Investments – Allocation of money to earn.
Investment Analysis Lecture 7 Industry Analysis.
The Misconception of CSR Its not about philanthropy.
Jeffery Tobias Halter President, YWomen WHY WOMEN – The Leadership Imperative to Advancing Women and Engaging Men.
Contemporary Business Environment. Business may be understood as the organized efforts of enterprises to supply consumers with goods and services for.
Developing Business and Community Leaders for Tomorrow. American Private Enterprise System College of Agriculture, Food and Environment.
MLI51C100 – SESSION #4 MAY 12, 2016 DR. MARGARET C. MCKEE Measurement and Reporting of Corporate Social Performance.
Corporate Governance Week 10 BUSN9229D Saib Dianati.
Women, Work, and the Economy: Macroeconomic Gains from Gender Equity The views expressed in this presentation are those of the authors and should not be.
SUBJECT:- ENGINEERING ECONOMICS AND MANAGEMENT TOPIC:- - FUNCTION OF MANAGEMENT YEAR EC-DEPARTMENT.
Vision, Mission, Strategy and Values. 2 Our Vision To be the world’s leading coatings company by consistently delivering high-quality, innovative and.
CORPORATE SOCIAL RESPONSIBILITY. CORPORATE SOCIAL RESPONSIBILITY (CSR) CSR is concerned with treating the stakeholders of the firm ethically or in a responsible.
Business environment Chapter2 1 st mid term
Diversity: a Competitive Advantage for Business Vera Budway-Strobach Head of Diversity & Inclusion.
JANI AARTI En No:  By the end of this lecture, students should be able to: 1.Explain the functions of management 2.Define and explain strategy.
CIMA E1: Organisational Management Study session 2
Positive Effects of Board Diversity on Business Performance
UNIT - 2 ENTREPRENEURIAL ENVIRONMENT
UNIT - 2 ENTREPRENEURIAL ENVIRONMENT
WOMEN THE LEGAL PROFESSION IS FALLING BEHIND IN DIVERSITY
Chapter 2: Strategy and Sales Program Planning
Business & Society ETLW 302
Chapter 1: Long-term Financial Decisions
Credit Insurance - Global companies
Black Rock- A sense of Purpose
Gender equality is good for business
The Power of Parity European Parliament | 9 July 2018
European Economic and Social Committee
Business Sustainability in the age of exponential change PART 4
Presentation transcript:

More Women Leaders, Better Corporate Social Responsibility June 26, 2012

Outline Background CSR –Terminology –Basic Understanding Women Leaders Better Everything

Background More Women Leaders Better Corporate Social Responsibility Better corporate social responsibility increases women in the workplace therefore increase opportunity for women leadership More women leaders, better economy and better society

What is CSR? Definitions Responsibility is the choice we make to respond with care CSR is the way in which business consistently creates shared value in society through: –economic development –good governance –stakeholder responsiveness and –environmental improvement. CSR is an integrated, systemic approach by business that builds, rather than erodes or destroys, economic, social, human and natural capital

What is CSR? “CSR should be more about the process of wealth creation, and ultimately eliminating the need for donations” When talking about CSR we DO NOT mean: Charity Philanthropy

Efficient use of resources Minimal negative impact on environment Sustainable investments Community development Supply chain, local suppliers Product responsibility Customer care Diversity Equality Fairness WorkplaceMarketplace Environmen t Community What is CSR?

Unequal male & female labor force participation – Largest gap in comparison to every other region Diversity - Current Situation

McKinsey conducted a series of studies examining whether greater gender diversity correlates with better economic performance. Study 1 - Women’s positive impact on financial performance 89 listed companies* with highest level of gender diversity in top management posts were selected & compared to average of their sectors On average, these companies with higher ratio of women in top management experience better financial performance Companies with more than two women present on board outperform others in their sector: o return on equity (11.4% versus 10.3%) o stock price growth (64% versus 47% from ) o operating result (11.1% versus 5.8% in earnings before interest & taxes) Women Matter, McKinsey & Company, * Companies were selected from all European listed with stock market capitalisation of over €150 million on following criteria: i. number & proportion of women on executive committee, ii. their function (eg. CEO or CFO had greater weight than Communications Manager), iii. Presence of more than 2 women on board Value of gender diversity – Financial Performance

Firms with best record of promoting women to high positions are more profitable than their peers: Returns on assets 18% higher than industry median Returns on investment 69% higher than industry median Women on Boards: Not Just the Right Thing… But the Bright Thing. The Conference Board of Canada, May 2002 Value of gender diversity – Financial Performance

Value of gender diversity

How many female board of directors do we have? 8 in listed companies No data with respect to SME’s and other informal businesses

More Women Leaders Better everything...

More Women Leaders Better Corporate Social Responsibility Stereotyping.. Women are better at CSR than men? Through CSR tools such as increasing diversity in the workplace increase women leadership Through Corporate Governance increase diversity in decision making roles increase women leadership Through sustainability have better organizations with balanced gender and skills with the right people in the right place.. Often increasing women leadership

Thank you.. For more information please contact: Maali Qasem