Still not convinced that gender diversity is good for the bottom line? Maybe this will do it… (VIDEO)

The Peterson Institute for International Economics and professional services firm EY recently released a study that reveals a significant correlation between women in leadership and company profitability.

The Peterson Institute/EY survey looked at nearly 22,000 public companies across 91 different countries – around half of which had no female executives at all. Amazingly, 60% of the companies had no women on their boards, while fewer than 5% had female CEOs!

The report, discussed in this article by Fortune Magazine, found that companies with at least 30% female leaders had net profit margins up to 6% higher than companies with no women in the top ranks.

You can check out the full Fortune article here.