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Women's Day: Thailand has most women CEOs

News18

Updated: March 8, 2011, 11:37 AM IST
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Women's Day: Thailand has most women CEOs
Across the world women hold 20 per cent of the senior management positions.

Beijing: About 19 per cent of Chinese women in management positions hold the post of chief executive officer (CEO), the second highest percentage recorded among 39 countries and regions, a report from a leading accounting firm has revealed.

The result for China is much higher than the average figure for the world, which is eight per cent, according to the Grant Thornton International Business Report 2011, the China Daily reported on Tuesday.

According to the report released on Monday, the Asia Pacific region, excluding Japan, is home to a much higher percentage of female CEOs than are Europe and the US.

Thailand, where 30 per cent of companies employ female CEOs, is on the top. The number for EU countries is nine per cent and for North American countries five per cent.

"Chinese women are just as capable of being business leaders as men," said Guan Liming, senior partner of Grant Thornton Jingdu Tianhua. "In some ways, they outperform male leaders in fields such as team work, communication and coping with different tasks simultaneously."

Women now hold 34 per cent of the senior management positions in China, a number that has risen from the 31 per cent reported for 2009.

The report shows that across the world women now hold 20 per cent of the senior management positions, down from 24 per cent in 2009.

The countries with the lowest percentages are the United Arab Emirates and Japan, where women hold eight percent of senior management positions.

"With China becoming an economic powerhouse, its society offers more opportunities for women's development," said Xu Hua, chairman of Grant Thornton Jingdu Tianhua.

Grant Thornton International is a London-based global organisation of accounting and consulting member firms which provide assurance, tax and specialist advisory services to privately held businesses and public interest entities.

First Published: March 8, 2011, 11:37 AM IST
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