bullish
Diversity’s Dividend: ESG Insights on Retention in SGX-Listed Companies
SUMMARY
- Board Gender Diversity and Turnover: Companies with higher female representation on boards exhibit lower employee turnover rates, indicating that diversity in leadership fosters a more cohesive and inclusive workplace culture.
- Female Workforce Representation: While female workforce representation correlates with higher turnover in non-real estate sectors, the Real Estate sector benefits from slightly improved retention with greater gender diversity.
- For SGX-listed companies, enhancing gender diversity and leveraging board experience present opportunities to drive both social and financial performance.
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