Companies could benefit from having women on their boards when it comes to mergers and acquisitions, according to a study from the Sauder School of Business at the University of British Columbia. The research shows that boards with women on them tend to make fewer acquisition bids and pay smaller bid premiums. "Female board members play a significant role in mitigating the empire-building tendency of CEOs through the acquisition of other companies," said study co-author Kai Li.

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