{"id":966,"date":"2015-09-11T14:39:34","date_gmt":"2015-09-11T14:39:34","guid":{"rendered":"http:\/\/globewomen.org\/CWDInet\/?p=966"},"modified":"2015-09-25T21:05:41","modified_gmt":"2015-09-25T21:05:41","slug":"latin-american-women-locked-out-of-boardrooms-trail-peers-14-may-2015","status":"publish","type":"post","link":"https:\/\/globewomen.org\/CWDINet\/index.php\/latin-american-women-locked-out-of-boardrooms-trail-peers-14-may-2015\/","title":{"rendered":"Latin American Women Locked Out of Boardrooms Trail Peers- 14 May 2015"},"content":{"rendered":"

To view original article in Bloomberg Business click here<\/a>
\n<\/a><\/p>\n

Latin American Women Locked Out of Boardrooms Trail Peers<\/span><\/h1>\n
\n
\n
\n
Denyse Godoy<\/a> Paula Sambo<\/a><\/div>\n<\/div>\n
<\/div>\n

\u201cNeither the political nor economic spheres are entirely open to women,\u201d said Hildete Pereira de Melo, a professor of gender economics at Federal Fluminense University. \u201cThe work environment is where prejudice is at its strongest. It\u2019s very hard for a women to rise up the ranks while fighting chauvinism.\u201d<\/p>\n

Colombia is the regional leader in diversifying its boards. Thirteen percent of seats there are held by women. Brazil ranks second with 6.3 percent, and Chile comes in last at 3.2 percent.<\/p>\n

That compares with 20 percent in Europe, 19 percent in North America and 9.4 percent in Asia, according to the study to be presented Friday in Sao Paulo at the 2015 Global Summit of Women<\/a>.<\/p>\n

Fighting Inequality<\/h2>\n

Since she first joined a corporate board in Brazil 15 years ago, Isabel da Silva Ramos says she routinely finds herself in conference rooms surrounded by men only. She\u2019s currently the only female member of the board of BB Seguridade Participacoes SA, the insurance unit of Banco do Brasil SA.<\/p>\n

<\/div>\n

\u201cIt feels like the situation is not getting better,\u201d Ramos said. \u201cWe\u2019re going the wrong way.\u201d<\/p>\n

Brazil is seeking to rectify the imbalance by placing quotas at companies in which the government holds a stake, including oil giant Petroleo Brasileiro SA and Banco do Brasil. The measure, which is being analyzed by the Senate\u2019s Social Affairs Committee, would require a minimum of 40 percent of board seats at those companies go to women.<\/p>\n

\u201cIt\u2019s only with quotas that we\u2019ll be able to reach the proper level of participation of women on boards,\u201d said Luiza Helena Trajano, chief executive officer of Magazine Luiza SA, a Brazilian electronics and furniture retailer. \u201cWomen are totally capable to take their proper places in boards, totally prepared and in tune with the modern trends in business management.\u201d<\/p>\n

Diverse Management<\/h2>\n

Adding more diverse voices to corporate strategy meetings increases the odds of success, according to Viviane Senna, one of the two female members of the board of Banco Santander Brasil SA. The local unit of Spain\u2019s biggest lender has the largest relative presence of women on boards in Brazil, according to the report: 22 percent.<\/p>\n

As more women join boards and demonstrate their talents, more women will be given opportunities to ascend the corporate ladder, according to Marilia Rocca, the second female member of Santander Brasil\u2019s board.<\/p>\n

\u201cThe support of your team helps a lot,\u201d Rocca said.<\/p>\n","protected":false},"excerpt":{"rendered":"

To view original article in Bloomberg Business click here Latin American Women Locked Out of Boardrooms Trail Peers Denyse Godoy Paula Sambo May 14, 2015 \u2014 11:00 PM EDT\u00a0Updated on May 15, 2015 \u2014 10:09 AM EDT Women remain locked… Continue Reading →<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[29],"tags":[],"_links":{"self":[{"href":"https:\/\/globewomen.org\/CWDINet\/index.php\/wp-json\/wp\/v2\/posts\/966"}],"collection":[{"href":"https:\/\/globewomen.org\/CWDINet\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/globewomen.org\/CWDINet\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/globewomen.org\/CWDINet\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/globewomen.org\/CWDINet\/index.php\/wp-json\/wp\/v2\/comments?post=966"}],"version-history":[{"count":3,"href":"https:\/\/globewomen.org\/CWDINet\/index.php\/wp-json\/wp\/v2\/posts\/966\/revisions"}],"predecessor-version":[{"id":1811,"href":"https:\/\/globewomen.org\/CWDINet\/index.php\/wp-json\/wp\/v2\/posts\/966\/revisions\/1811"}],"wp:attachment":[{"href":"https:\/\/globewomen.org\/CWDINet\/index.php\/wp-json\/wp\/v2\/media?parent=966"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/globewomen.org\/CWDINet\/index.php\/wp-json\/wp\/v2\/categories?post=966"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/globewomen.org\/CWDINet\/index.php\/wp-json\/wp\/v2\/tags?post=966"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}