Women Leadership roles

May 14, 2016
Grant Thornton International

How to be a successful mom on Wall StreetThat's a big takeaway from a report released Monday that examined data from nearly 22, 000 firms in 91 countries.

- 60% had no female board members.

- Half had no female top executives.

- More than 95% did not have a female CEO.

Interestingly, though, companies with a dearth of female executives may be paying a financial price.

The report found that companies where women accounted for at least 30% of their executives typically had higher profits than those that had less female representation in top manager roles.

"The impact is the biggest for female executive[s], followed by female board [members], with the presence of female CEOs having no noticeable effect, " authors of the study wrote.

Another finding from the study may be particularly compelling to anyone - male or female - who wants both a corporate career and a family.

Paternity leave was strongly correlated with a higher representation of women on corporate boards. The 10 countries with the most gender-diverse corporations - including Norway, Latvia, Finland and Sweden - offered 11 times more paternity leave than the bottom 10 countries (Australia, Pakistan, Canada and Japan, among others).

Source: money.cnn.com
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