New Jersey's 111 largest companies have a higher percentage of women board members than the national average, yet still too few

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Tuesday, January 28, 2014
Morristown, NJ

Women represent just under 14 percent of the total board seats of New Jersey’s 111 largest publicly held companies. That statistic is slightly better than the national average, where just 12 percent of corporate boards of directors are women.

It is one example of workplace gender disparity found in “A Seat at the Table: Celebrating Women & Board Leadership,” (PDF) a report released yesterday by Executive Women of New Jersey.

Nancy DiTomaso, a professor in the Department of Management & Global Business, and vice dean at Rutgers Business School, said New Jersey companies may have more female board members because most of them are large and “can’t really avoid this issue. They have moved to make sure they have at least one woman on their board of directors,” she said.

There was little surprising or encouraging about “A Seat at the Table, ”(PDF) DiTomaso said. But she added the report does shine a light on gender inequality. “Without calling attention to these issues, not much changes. The fact that there is continued pressure on companies to pay attention to the issue, and evidence provided that more female board members makes a positive difference, I think it’s a good thing. Even if the results aren’t so optimistic.”

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TAGS: Leadership Nancy DiTomaso Women in Business