Sneaky way ASX company can boost share price by 7%

A panel of experts has revealed an immediate way an ASX company can improve returns for its shareholders.

Speaking at a webinar on Tuesday, Ramsay Health Care Ltd (ASX: RHC) chief people officer Colleen Harris, Australian Council of Superannuation Investors chief Louise Davidson, and Chief Executive Women president Sam Mostyn called for ASX businesses to improve the gender balance in executive and board positions.

The discussion cited a study that showed a 10 percentage-point increase in female representation in top tier management positions boosted the market capitalisation of the company by 6.6%.

“S&P/ASX 200 Index (ASX: XJO) companies can lead the way and achieve better results for all their stakeholders by ensuring their…