Women CEOs 'more likely to be fired'
Date: 29 Apr 2014
New research suggests that female chief executives are more likely to be fired than their male peers. The study, which reviewed the 2,500 largest corporations showed that 10 percent more women CEOs were fired than male - a difference between four in ten women and three in ten men.
The authors suggested two principal causes of the fact. One was that cultural and political pressure to promote female candidates into the top role was leading to a willingness to take greater risks leading to a higher chance of the appointment failing.
The second was the suggestion that women CEOs could be particularly vulnerable if the boardroom culture remains overwhelmingly male, potentially leading to a lower degree of supportiveness.
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In a recent article, the BBC's economics editor Robert Peston highlighted the fact that in 2012 the chances are that the economy - punch drunk as it is from the various flavours of debt crisis it has been pummelled with over the course of the year - will be hit by the collapse of a major bank and / or government.
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