representation of women and men in senior corporate management · 2016. 6. 6. · government’s...

Representation of women and men in

senior corporate management

Marjut Pietiläinen

Gender Statistics Work Session 2 June 2016

Presentation

－ Presents the extensive statistical report examining the

representation of women and men in senior corporate

management, published in 2015

– Background of the project

– How the project was done

– Some results

– Benefits

－ What after the project

－ Developing leadership statistics from now on

2 June 2016 Marjut Pietiläinen 2

The report

－ Part of the Gender Equality in Top Management – Changing

Practices in Economic Decision Making (TASURI) project carried

out by the Gender Equality Unit at the Ministry of Social Affairs

and Health

－ Examines the senior management of various company types and

lays the foundation for a chronological comparison of the data.

– Includes listed companies, unlisted companies and state-

owned companies

－ Produced new information on:

– Unlisted companies

– The representation of women and men in the senior and

middle management of businesses examined according to

underlying variables


What for?

－ To provide decision-makers and other key stakeholders with

compiled statistics to support the decision-making process

－ To increase the knowledge of the stakeholders of central

development targets related to gender equality in senior

corporate management

－ To provide reliable information on gender equality to the large

public, citizens and the media

－ To support the implementation of the Government Action Plan for

Gender Equality 2012–2015

－ The project was co-funded by the European Union’s Progress

programme

－ To strengthen the collaboration between key stakeholders


Government’s Action Plan for Gender

Equality

－ Action Plan for Gender Equality 2012˗2015

– Recommended measures for promoting women’s career

development and for a more equal gender representation in

the decision-making bodies of the public and private sector

－ Action Plan for Gender Equality 2016˗2019

– Includes a mention on establishing leadership statistics on

gender


Management of the project

－ Report was carried out/written in Statistics Finland by Pietiläinen,

Keski-Petäjä and Katainen

－ The steering group of the project:

– Ministry of Finance

– Ministry of Social Affairs and Health

– Ministry of Employment and the Economy

– Confederation of Finnish Industries EK

– Prime Minister’s Office

– Central Chamber of Commerce

– Statistics Finland

－ Steering group meetings

－ 2 conferences


The research questions

1. Which are the percentages of

women and men in senior

corporate management by

business type?

2. Are female managers focused on

certain industries and on

performing certain tasks?

3. Does the sex ratio of senior

management reflect that of all

managers (senior management

and middle management) when

examined according to

underlying variables?

4. Is there any difference in the

quantity of board’s membership

between women and men?

5. Is the female or male majority in

the company personnel reflected

in the sex ratio of the senior

management?

6. What is the age difference and

the age distribution of the women

and men performing managerial

duties?

7. What kinds of differences are

there in the field of education and

level of education between the

women and men in managerial

roles?


Research data 1/2

－ Consisted primarily of the data of Statistics Finland and Suomen

Asiakastieto Oy

－ Information on company websites

－ The Finnish listed companies on the main list of Nasdaq OMX

Nordic Helsinki in December were selected for the report

－ Based on their turnover, the largest unlisted companies were

selected from Statistics Finland’s Business Register

－ The names of state-owned companies were collected from the

annual reports produced by the Prime Minister’s Office for the

compilation of the data

－ The data on the chairs of boards, board members and CEOs,

associated with their personal ID numbers, were acquired from

Suomen Asiakastieto Oy


Research data 2/2

－ The membership data of steering groups were directly collected

from the companies examined

－ In addition to the senior management of businesses, the report

also examines their middle management. The data of all

management were gathered from the Executives category of

Statistics Finland’s employment statistics

– This category includes individuals in both senior management

and middle management

－ Statistics Finland’s register-based statistics were used as

background data for the report

－ The background information on businesses and business groups

is based on Statistics Finland’s Business Register

－ The research periods selected included 2007, 2012 and 2013,

which allows chronological developments to be examined


Number of companies in the data

2007 2008 2013 2015

Listed

companies

117 122 121 126

Unlisted

companies

91 92 135 150

State-owned

companies

41 57 58 62


Challenges

－ Comparability of the data

－ Which companies should be taken into account and why

－ Data sources

－ Differences in timelines when combining data with register data

－ Terms of use and schedule limitations

－ Also required also some manual work


Women on the board of directors of listed companies

according to the company’s market value in 2007,

2012, 2013 and 2015 (%)

12

19

8 7

21

27

22

16

23

29

24

17

23

28

24

18

0

5

10

15

20

25

30

35

Total Large listed companies Medium-sized companies Small companies

%

2007 2012 2013 2015


Women on the board of directors of state-owned

companies according to the state ownership

percentage in 2007, 2012, 2013 and 2015 (%)


31

39

36

19

35

25

39

48

35

29

43

28

39

48

35 33

43

31

38

45

38

34

41

27

0

10

20

30

40

50

60

Total Wholly-owned Majority, unlistedMinority, unlisted Majority, stockexchange

Minority, stockexchange

%

2007 2012 2013 2015

Women on the board of directors of unlisted

companies according to the number of personnel in

2007, 2012, 2013 and 2015 (%)

13 13 13 12

20

17

8

18 19

21

19

10

19 20 20 19

13

21 20

25

0

5

10

15

20

25

30

Total -199 200-999 1000-3999 4000-

%

2007 2012 2013 2015


Women executives at listed companies (senior

management and middle management) according to

the company’s market value in 2012, %

28

21

25

30

0

5

10

15

20

25

30

35

Total Large listed companies Medium-sized companies Small companies

%

Company’s market value


Women directors at unlisted companies

according to the number of personnel in

2012, %

18

23

15

18

20

0

5

10

15

20

25

Total -199 200-999 1000-3999 4000-

%

Number of personnel


Occupation of spouses of directors working in

senior management and the whole management

(senior management and middle management), %


0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%

Men's spouses

Women's spouses

Men's spouses

Women's spouses

All

directo

rs 2

012

Se

nio

r m

anag

em

en

t20

13

Managers Professionals

Technicians and associate professionals Clerical and service and sales workers

Craft and plant and machine operators Other occupations

Results

－ The percentage of women in senior management has increased

in recent years in boards of all types of companies researched

－ Only few female CEOs and chairs on boards

－ Finland is well-placed in the international comparisons between

the boards and steering groups of listed companies

－ The personnel sex ratio is related to the share of women in senior

management to some degree

－ More than the female or male majority in the personnel or

industry, the types of duties performed by women probably have

a stronger effect on the share of women

－ In Finland a certain type of career path and a background in

technology education are often still required of managers


What after the project? 1/2

－ The report was the first step towards a more regular production of

extensive statistical reports on leadership statistics which take

gender into account

－ Based on the report proposals, a statistical working group of the

TASURI project has continued to compile regularly leadership

statistics disaggregated by sex

– Administered by the Ministry of Finance

－ Statistics examining gender equality in senior management could

be produced regularly each year but less extensively than this

report

－ A more extensive report could be prepared less frequently, for

example, every four years at the expiration of each Finnish

government


What after the project? 2/2

－ Besides statistics and statistical reports also qualitative studies on

career path developments are also needed

－ Unlisted companies should be examined as a whole

– Representation of companies of all sizes

– In terms of the number of staff

– Municipal businesses should also be included

－ Action Plan for Gender Equality 2016˗2019 (Government accepted

4 May, 2016)

– Mention on establishing the leadership statistics on gender

－ Article on the families of the senior management

－ Analysed some data for 2015


More information

– marjut.pietilainen(at)stat.fi

– miina.keski-petaja(at)stat.fi

– antti.katainen(at)stat.fi

– Representation of women and men in senior corporate

management

• Executive summary


http://www.julkari.fi/bitstream/handle/10024/126851/STM_Representation of Women and Men in Senior Corporate Management. Tiivistelm%C3%A4_net2.pdf?sequence=3



Thank you.

Marjut Pietiläinen marjut.pietilainen(at)stat.fi

UNECE Work Session on Gender Statistics, June 2, 2016,

Vilnius

representation of women and men in senior corporate management · 2016. 6. 6. · government’s...

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