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Why women managers shine in a downturn

By Michel Ferrary

Published: March 2 2009 02:00 | Last updated: March 2 2009 02:00

Global stock markets have been collapsing since the beginning of 2008. Analysts and economists are now looking for companies that are resisting the crash.

My research project on companies from the French CAC 40 stock exchange index* pointed out that the more women there were in a company's management, the less the share price fell in 2008. A significant coefficient of correlation links the two variables.

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