Women in the Corporate World: Who Hires and Promotes Them?
Jin Hwa Jung
This study explores ways to improve the quantity and quality of female employment by analyzing determinants of corporate women-friendliness. Corporate women-friendliness was measured by using three indicators: the ratio of women employees to regular employees; the ratio of women to executives; and the level of fairness in the employment of women. In the empirical analysis, both OLS and fixed effect panel analysis were applied to corporate panel data in Korea. The ratio of women executives and the level of fairness in the employment of women are significantly higher in those companies whose chief executive officers are women. Corporate strategic human resources management did not contribute in enhancing the status of women within the firm. Empirical results indicate a need to investigate policy support for improving the utilization of women in high-level corporate positions.
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