by CATHERINE SCOTT,
Ms. Magazine Blog
Fifty-eight percent of Facebook users are women. Sixty-two percent of shares on Facebook are done by female users. How many women are on Facebook’s board of directors?
Zero.
For such an innovative brand, Facebook is distinctly behind the times when it comes to gender equity. Only 11.3 percent of Fortune 500 companies had male-only boards last year. Google, Microsoft and LinkedIn each have at least one woman on their boards. A recent survey of Fortune 500 companies found that those with three or more women board members outperformed those with fewer or none, achieving an average of 53 percent greater return on equity. Why wouldn’t a man as intelligent as Mark Zuckerberg adopt a business strategy that could increase his profits by half?
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