A huge study released this week in the United States reveals yet more unsettling statistics about the low numbers of women in leadership jobs. In the report, the Peterson Institute for International Economics and the consulting firm EY found that nearly 60 percent of the almost 22,000 companies around the globe examined in its giant sample had no women on the board of directors, and more than 50 percent had no top female executives.
And like many studies that examine the low numbers of women in leadership, it found a link between the percentage of women in the top ranks and the company's performance, especially those in C-suite roles. Companies with top management teams that are at least 30 percent female could add six percentage points to their net margin, the study found.
But this report went further, attempting to provide some potential answers for what kinds of policy issues might help explain higher numbers of women at the top. Some were obvious: Countries with less discriminatory viewpoints on women, for example, saw more women at the top.
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Others were more telling: Those with higher relative scores for women versus men on math tests, for instance, were correlated with more women in powerful roles. (And of particular note this year: Countries with a higher percentage of female political leaders were not correlated with those that had more female business leaders.)