66.7% of Large Corporations with Over 2 Trillion KRW in Assets Have 'Female Executives' (Comprehensive)

Ministry of Gender Equality Investigates 2,178 Listed Companies
720 Have at Least One Female Executive
Up by 55 from Last Year
Female Ratio Still Minimal Compared to Male Executives

[Asia Economy Reporter Hyunju Lee] It has been found that one out of three listed companies has appointed female executives. Although the ratio has slightly increased over the past year, it remains minimal compared to male executives.

On the 30th, the Ministry of Gender Equality and Family investigated the gender status of executives at a total of 2,178 listed corporations that submitted business reports for the first quarter. It was found that 720 companies had at least one female executive. The ratio was 33.5%, an increase of 55 companies and 1.4 percentage points compared to the previous year.

Among these, looking only at large corporations with total assets exceeding 2 trillion won (147 companies), 98 companies (66.7%) appointed female executives, which is 13 more than the previous year. The high number of female executives in large corporations is analyzed to be due to the newly established regulation in the "Act on Capital Market and Financial Investment Business" that prohibits the board of directors from being composed entirely of one gender. This law was newly enacted in February and will be fully enforced in August 2022.

Among all 2,178 companies, the total number of executives was 30,797. Of these, 1,395 were women, accounting for 4.5%. Even among executives of companies with total assets over 2 trillion won, women worked at the same ratio (397 people, 4.5%) out of a total of 8,749 executives. Looking at the ratio of executives to total workers, the 1,395 female executives accounted for only 0.34% of the 408,336 female workers. For men, 29,402 executives (2.47%) out of 1,190,137 male workers showed a 7.3 times difference between genders. Park Jugeun, CEO Score CEO who conducted the survey, evaluated, "It is encouraging that the number of female executive appointments has continuously increased since the survey began in 2012, but the large gap in the number of executives compared to total workers still indicates many areas that need improvement."

This content was produced with the assistance of AI translation services.