Women leading firms still scarce: Study

About 97 per cent of the listed companies have at least one woman director, but women hold only 21 per cent of directorship positions, according to a study conducted by PRIME Database Group ahead of International Women's Day.

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The study, involving 2,133 NSElisted companies, highlights the "leaky bucket" phenomenon, which implies that the proportion of MARCH women decreases while moving up the corporate hierarchy. Women make up 23 per cent of employees, but only 13 per cent of Key Management Personnel (KMPs) and 10 per cent of executive directors.