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Zero Women on ANY of these Boards of Directors? You've Got to be Kidding

Apr 12, 2013 at 3:54 PM Chime in now

where are the women on Canadian boards?


Sheryl Sandberg may be leaning in, but the boys of PaylPal, Groupon, Chrome and Apple are in holed up in their "No Girls Allowed" treeforts. 

We recently came across a tumblr account called Boys Clubs: Corners of the world where women have yet to tread. From corporate boardrooms to deans of Harvard business school to comedy festivals to entire board of directors and advisors of the the world’s major symphony orchestras and philharmonics, the site documents the organizations where women have no place at the table.
Pretty grim. How do Canadian companies rank? According to Governance Gateway blog there are 35 Canadian boards with no women on them. Zero. Absolutely no women contributing to major corporate decisions. That's quite the sausage party.
So why do these boys clubs persist in 2013? Empirical evidence demonstrates that women on boards are, in fact, good for business, and can help to make corporations more profitable. According to a study by the International Journal of Business Governance and Ethics (which polled 624 board directors in Canada), women are better decision makers, open to new ideas and more likely to use “co-operation, collaboration and consensus building” when dealing with complex decisions.
Clearly, male decision makers aren't getting that memo (typed by their female subordinates, natch). While other countries slowly catch up to fairer representation, Canada continues to slip (from 6th to 9th among industrialized nations) when it comes to women at the boardroom table. Of Canadian companies on the TSX-composite, 42 per cent have no women on the boards of directors, while 28 per cent had just one female board member.  (source: TD Economics report).
Does this alarm you? Other than company boards, where would you like to see more women represented?

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