By Annabel Crabb, ABC news

Electrifying new Australian research has established direct proof for the first time that companies do better when they appoint more women to leadership positions.

The study, based on six years of Australian companies’ gender reporting to the federal Workplace Gender Equality Agency, has established that companies who appointed a female CEO increased their market value by 5 per cent — worth nearly $80 million to an average ASX200 company.

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