Aim for greater gender parity in corporations

According to studies, having more women in senior decision-making roles has a positive correlation with the company’s financial performance. — 123rf.com

DESPITE their presence within different tiers of corporate organisations, there is a clear dearth of women in senior decision-making roles in Malaysia.

The numbers look superficially good. According to the Grant Thornton International Business Report (IBR): Women in Business 2020,90% of businesses in Malaysia have at least one woman in senior management, above the global percentage of 87%. Women also make up 33% of positions in the senior management teams within companies in Malaysia, above the global percentage of 29%.