Higher rated companies have larger proportion of women on board, says Moody's

Moody's Investors Service on Tuesday said higher-rated companies have a larger proportion of women on their boards than lower-rated companies..

An analysis of 3,138 Moody's-rated companies showed that women account for an average of 29 per cent of the board seats of investment-grade companies (those rated Baa and above), up one percentage point from 2023...

It also showed that on an average, women account for 24 per cent of the board seats of speculative-grade companies (those rated Ba and below), which is unchanged from last year...

This is largely reflective of corporate boards in Europe and North America, where most of the companies Moody's examined in these sectors are located, it said in the report released ahead of International Women's Day on March 8..