Bank of America Merrill Lynch has an answer for companies who want to increase their bottom line: Hire more female executives.
S&P 500 companies with women holding at least 25% of the executive positions brought in higher yearly returns on equity.
Data shows that gender diversity is driving better returns.
Bank of America Merrill Lynch says, "Companies that invest in women tend to have more favorable fundamental attributes, and with the rise in impact investing, a growing investor base."