Women missing from boardrooms

Despite progress, barely 1 in 10 directors are female: Study
By Sarah Dobson
|Canadian HR Reporter|Last Updated: 05/06/2011

Forty per cent of the world’s largest publicly listed companies have not appointed a single woman to their boards and even in major markets such as Japan, Italy, the United Kingdom, the United States and Canada, women continue to be grossly under-represented.

That’s according to GovernanceMetrics International, which found the aggregate percentage of women on Canadian boards was 12.9 per cent in 2011, an increase of just 0.7 percentage points from 2009. And the percentage of Canadian companies with at least one female director is now 71.8 per cent, up from 68.4 per cent in 2009, according to its March 2011 Women on Boards Report.

While the presence of women on corporate boards has very slowly improved over the years, there is still much room for improvement — let alone gains to be made, according to groups pushing for gender parity.