Asia's boardrooms require critical mass of women

Hong Kong and China Gas

08/03/2018 02:23

(The author is a Reuters Breakingviews columnist.  The opinions
expressed are her own.)
    By Katrina Hamlin
    HONG KONG, March 8 (Reuters Breakingviews) - One fifth of
firms in Hong Kong's Hang Seng Index have all-male boards but
appointments of women are rising. The next task is to ensure
they are present in sufficient numbers for companies to reap the
full rewards of diversity. The multiplier effect applies to girl
power too.

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    CONTEXT NEWS
    - A study published on March 6 shows 13.8 percent of board
members of Hang Seng Index companies are female, up from 12.4
percent last year. 
    - The research by the non-profit organisation Community
Business also shows that new board appointments among the 51
constituent companies comprised 18.7 percent women, compared
with 11.3 percent the previous year. 
    - The number of companies with an all-male board fell to 10,
from 11 a year earlier. The figure has fallen steadily since
2012, when 20 companies had no female directors. 
    - Three constituents - Tencent, CNOOC  0883.HK , and The
Hong Kong and China Gas Company  0003.HK  - have never had a
female board member.
    - For previous columns by the author, Reuters customers can
click on  HAMLIN/  
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    <^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^
BREAKINGVIEWS- Market forces fail working women in Asian hubs   
  urn:newsml:reuters.com:*:nL4N1IR1N2
Community Business report     https://www.communitybusiness.org/latest-news-publications/women-boards-hong-kong-2018
 
Graphic: Women are creeping into Asia's boardrooms     http://reut.rs/2Fqi7ss
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 (Editing by Una Galani and Sharon Lam)
 ((katrina.hamlin@thomsonreuters.com; Reuters Messaging:
katrina.hamlin.thomsonreuters.com@reuters.net))