Wednesday, November 13, 2019
South Korean Companies Post the Lowest Female Board Member Ratio in the World
Only 3 out of 100 Corporate Board Members Are Women
South Korean Companies Post the Lowest Female Board Member Ratio in the World
  • By Choi Moon-hee
  • October 16, 2019, 10:32
Share articles

South Korean companies have the world's lowest female board member ratio of 3.1 percent.

Credit Suisse recently analyzed more than 3,000 companies in 40 countries and said on Oct. 15 that the ratio of female board members of the 73 South Korean companies it analyzed is 3.1 percent, the lowest in the analysis result, whereas the overall average is 20.6 percent.

The lower rankers include Pakistan (5.5 percent), Japan (5.7 percent), Russia (5.7 percent), Argentina (6.8 percent) and Mexico (6.9 percent).
 

The ratio of the South Korean companies was 3.9 percent in 2015, when Pakistani companies posted 2.2 percent and Japanese companies posted 3.4 percent. In the next year, those of the South Korean and Pakistani companies were 3.6 percent and 2.3 percent, respectively.

This year, the ratio of female senior managers of the South Korean companies is 3.9 percent, second from the bottom. Their female CEO ratio is 4 percent and female CFO ratio is zero.


When it comes to the ratio of female CEOs, Italy and Singapore came in first with 15 percent, followed by Thailand (9 percent), the Philippines (8 percent), Australia (7 percent) and the Netherlands (6 percent). The female CFO ratios of Thailand and Singapore amount to 42 percent and 28 percent, respectively.