Gender composition of boards does not affect gender ratio of executives

The ratio of women on the board of directors does not correlate with the number of women executives in the same company. This is shown by the Women’s Day 2014 study conducted by the Finland Chamber of Commerce.“Unlike the advocates of gender quotas for corporate boards argue, increasing the number of women on the board of directors does not increase the number of women executives. There is no correlation between the gender distribution of the boards and executive management teams”, states Leena Linnainmaa, Deputy Chief Executive of Finland Chamber of Commerce. The study covers all the