Women control only 1 percent of shares at S&P 500 companies

Among top executives at S&P 500 companies, women account for only a quarter of the total number, while controlling just 1 per cent of the value of shares held among fellow corporate leaders.

Andreas Hoepner, a professor of banking, finance and operational risk at the Smurfit Graduate School of Business at the University of Dublin revealed to Bloomberg this week that the ratio was unbalanced even after disregarding company founders and outliers like Tesla Inc. CEO Elon Musk – the wealthiest executive in the index.

“We found a giant gender power gap,” Hoepner told Bloomberg.

In the U.S, women make roughly 83 cents for every dollar a man earns.

Source: Women control only 1 percent of shares at S&P 500 companies

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