However, it should be noted that these studies are only a part of understanding the differences in decision-making between male and female CEOs, and their results may not apply to all male and female CEOs globally. In addition, each study’s methodology and sample size should be carefully analyzed to ensure the accuracy and reliability of the results.
Currently, there is no study that proves that female and male CEOs make different decisions based on their gender.
However, some studies have shown that gender diversity in a company’s leadership team can lead to better decision-making and better outcomes in difficult situations.
Better financial performance
Another study by McKinsey & Company also shows that companies with gender diversity in their leadership team tend to have better financial performance than those without such diversity. This study was conducted on more than 1,000 companies in 12 different countries and showed that companies with at least 30% women in leadership positions had an average profit margin that was about 6% higher than companies without gender diversity in their leadership team.