There is a big difference between the number of female and male executives in the board of directors of the country’s 25 most valuable listed firms.
A close look at the composition of directors of the 25 biggest companies by market capitalization as of the first quarter of 2017 shows that male executives still dominate the corporate scene in the Philippines by a huge gap. Ninety percent or 230 out of all the 255 directors are male, while only 25 or 10 percent are female.
Apart from representation in the corporate boards, there is also a difference between the advanced education preferences of both genders.
Half of the total number of male executives, or 155, have obtained a graduate degree, but only less than half or 40 percent of female executives have pursued advanced education.
Men and women directors also choose differently when it comes to the institutions they enroll in. Based on the brief description on their respective companies’ annual reports for 2016, 70 percent of the female executives with graduate degrees opted for local schools and universities. The top choices are University of the Philippines and De La Salle University, which are both known as two of the best schools in the country. Only 30 percent pursued higher degrees at foreign institutions.
Men, on the other hand, prefer the opposite. While the Makati-based Asian Institute of Management emerged as their top choice (16 out of 115), majority of them at 69 percent chose to enroll in foreign schools and universities. Among the most popular choices are Ivy League schools University of Pennsylvania and Harvard University.
Pauline Macaraeg is Entrepreneur PH's data journalist. Follow her on Twitter @paulinemacaraeg. With additional research by Leslie Baquirin