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Smaller firms less likely to have female board members

Published On 26 February 2007 at 09:54:30

Businesswomen stand a better chance of being appointed to the board of a FTSE 100 company than to an AIM listed firm according to the business advisory firm Deloitte, the BBC reports.

Just three per cent of the board members for AIM listed firms are women, compared to ten per cent within the companies listed in the FTSE 100. This is made up of five per cent in SmallCap FTSE companies and six per cent in the FTSE 250.

The Women's Enterprise Task Force was set up by the government earlier this month in a bid to promote female entrepreneurship.

However, recent research by the Equal Opportunities Commission projects that it will be 60 years before the number of female board directors in the FTSE 100 is equal to the number of male directors.

The AIM is the stock exchange which does not have any size-based prerequisites for growing companies wishing to join.

 

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