Women in Corporate Governance: halfway up from Nowhere?

by Douglan Branson, for The Race to the Bottom, February 4, 2010.

Women in Corporate Governance: halfway up from nowhere? Not quite.  Halfway?  Try 3 percent.  As late as 1997, there were no female CEOs in the Fortune 500Jill Barad at Mattel Toy was the first.

Women are, or are soon to be, over 50 percent of our nation’s workforce.  They are 50 percent of the middle managers.  Yet females make up only 8 percent of the corporate officers and 3 percent of the CEOs, despite constituting over 30 percent of the MBA and law graduates since the 1970s (40 percent since the 90s).

Why the disparity?  Undoubtedly a glass ceiling still allows women to see but not obtain jobs on the highest rungs on the corporate ladder.  Yet, whether it exists, or doesn’t, any ceiling is more permeable, with many cracks in it (18 million, according to Hillary Clinton, numbering the votes she received in the presidential primaries)…(continue reading)

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