Kuala Lumpur 8 March 2007 – Malaysia is ranked in the top 3 for businesses with women in senior management positions, according to a worldwide survey released in conjunction with the United Nation’s International Women’s Day.
The 2007 Grant Thornton International Business Report undertook a study of over 7000 business owners in 32 countries and its results showed that 85 per cent of Medium to Large Enterprises in Malaysia have women in their senior management positions, however only an average of 23 per cent of women occupy these positions.
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“The percentage of businesses with women in senior position roles being relatively high is a positive indication of our women’s active participation in the nation’s economic activities.” “Some Managerial job concentration by gender is reflected with women managers in the country likely dominating positions such as accountancy, human resources, public affairs, communications, advertising, healthcare and the law. This is normal based on the nature of jobs and some slight preference of the employees as well as the employers. Similar concentration patterns also apply to other Asian countries,” Dato’ N K Jasani, Managing Partner of Shamsir Jasani Grant Thornton commented. Pertinently, countries in Asia tend to have a higher proportion of business with women participating in senior management, led by the Philippines at 97 per cent, the major exception to this is Japan at 25 per cent. Malaysia is only third after Philippines and Mainland China. Philippines is the only country where women have parity to men in senior management roles. While there has been a slight increase in the number of women entering managerial positions from 19 per cent in 2004 to 22 per cent this year, the figure is still less than a quarter on a global average. In the case of Malaysia, the survey shows that 23 per cent of the Managerial positions are occupied by women i.e. one percent more than the global average. In this respect we at Grant Thornton Malaysia are happy to note that 37 per cent of our Managerial positions are held by women and they contribute significantly to our operations. “The participation of women in senior business management has been rising steadily over the last three years. It is particularly encouraging to see some of the Asian countries economies leading the way. |
“Hopefully we will see this change in coming years as more women play increasingly prominent roles in public life such as Datuk Dr. Zeti Akhtar, the Governor of Bank Negara, Datuk Zarinah Anwar Chairman of Securities Commission and Microsoft Malaysia Managing Director Yasmin Mahmood as well as a number of female CEOs and Directors of our Public Listed Companies.
“On the global front, we also see women in key positions such as Indra Nooyi, the new CEO of PepsiCo, Angela Merkel in Germany, Segolene Royal in France and Hillary Clinton in the US,” concludes Dato’ Jasani.
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