The number of women on the corporate boards at 5,977 companies in 47 countries across the globe has increased by just 0.5% since 2012 and only 1.7% since 2009.
Those statistics come from GMI Ratings’ 2013 Women on Boards Survey as reported by Kimberly Gladman, Director of Research and Risk Analytics at GovernanceMetrics International. Gladman shared the key study results on the Harvard Law School Forum on Corporate Governance and Financial Regulation website.
The survey revealed that just 63% of these 5,977 companies have at least one female director. Only 13% have at least three women directors, which Gladman identifies as the critical mass that research suggests allows women’s leadership styles to “come to the fore.”
Europe is leading the way in increasing the number of women on corporate boards while the United States and Canada are showing slower diversity growth rates. Lagging even further behind are companies in China, India, and Japan (the lowest in the world). Gladman also reports that women hold a higher percentage of corporate board seats in developed markets (11.8% in 2013, up from 11.2% in 2012) than they do in emerging markets (7.4% in 2013 and 2012).
You can follow the link to learn more research and statistics about women on boards here on Women on Business.