Publication:
Increasing Women’s Representation in Business Leadership

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dc.contributor.authorSalazar, Loty
dc.contributor.authorMoline, Ann
dc.date.accessioned2023-06-09T19:20:29Z
dc.date.available2023-06-09T19:20:29Z
dc.date.issued2023-06-09
dc.description.abstractBetter gender balance in business leadership is inextricably linked with achieving the Sustainable Development Goals (SDGs). By definition, attainment of SDG 5, gender equality, is impossible without women’s equal representation at the top. Women leaders are levers of change for all SDGs, as they prioritize social protections, health, education, climate, and inclusivity. Having more women in leadership is positively correlated with higher environmental, social, and governance (ESG) standards, leading to improved business performance and inclusive economic growth. Yet, enormous gender gaps in corporate leadership persist. Globally, women hold only 19.7 percent of board seats, and 6.7 percent of board chair, 5 percent of CEO, and 15.7 percent of CFO positions. Unconscious and cultural biases, lack of opportunities, and other workforce barriers can limit women’s professional aspirations and narrow leadership paths. While direct cause-and-effect links cannot always be demonstrated, World Bank Group interventions that address the root causes of gender gaps in business leadership offer strong potential for progress. This note examines World Bank Group experience and provides several strategies that other programs can consider to accelerate the pace at which women ascend to senior leadership positions.en
dc.identifierhttp://documents.worldbank.org/curated/en/099429406072322093/IDU0535e1bf4013ac0442c096a3057aa131426e7
dc.identifier.doi10.1596/39870
dc.identifier.urihttps://openknowledge.worldbank.org/handle/10986/39870
dc.languageEnglish
dc.language.isoen_US
dc.publisherWashington, DC: World Bank
dc.relation.ispartofseriesWorld Bank Group Gender Thematic Policy Notes Series: Evidence and Practice Note
dc.rightsCC BY-NC 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttps://creativecommons.org/licenses/by/3.0/igo
dc.subjectWOMEN
dc.subjectGENDER EQUALITY
dc.subjectGENDER BALANCE
dc.subjectBUSINESS LEADERSHIP
dc.subjectSUSTAINABLE DEVELOPMENT GOALS
dc.subjectSDGs
dc.subjectGENDER GAPS
dc.titleIncreasing Women’s Representation in Business Leadershipen
dc.typePolicy Note
dspace.entity.typePublication
okr.crossref.titleIncreasing Women’s Representation in Business Leadership
okr.date.disclosure2023-06-09
okr.date.lastmodified2023-06-07T00:00:00Zen
okr.doctypeEconomic & Sector Work
okr.doctypeEconomic & Sector Work::World Bank Gender Thematic Policy Notes Series
okr.docurlhttp://documents.worldbank.org/curated/en/099429406072322093/IDU0535e1bf4013ac0442c096a3057aa131426e7
okr.guid099429406072322093
okr.identifier.docmidIDU-535e1bf4-13ac-442c-96a3-57aa131426e7
okr.identifier.doihttp://dx.doi.org/10.1596/39870
okr.identifier.externaldocumentum34076024
okr.identifier.internaldocumentum34076024
okr.identifier.report182632
okr.import.id827
okr.importedtrueen
okr.language.supporteden
okr.pdfurlhttp://documents.worldbank.org/curated/en/099429406072322093/pdf/IDU0535e1bf4013ac0442c096a3057aa131426e7.pdfen
okr.region.geographicalWorld
okr.topicGender::Gender and Development
okr.topicGender::Gender Monitoring and Evaluation
okr.unitGender Director (HGNDR)
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