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Daily: Men maintain stranglehold on top jobs in state-owned companies

Just one-third of partially or entirely state-owned companies have women as chief executives, finds a survey by the daily Helsingin Sanomat.

Alko
The state-owned monopoly alcohol retailer Alko is one of just three companies with a female chief executive. Image: Yle

The Helsingin Sanomat survey revealed that men continue to dominate leadership positions in Finland’s partially or fully state-owned companies. The study showed that the larger the government’s stake in the company, the more likely that the board would be controlled by men.

The paper surveyed 58 companies, only three of which boasted a female in the top job. The companies are the state monopoly alcohol retailer Alko, the defence force catering service provider Leijona Catering and the training services company Haus Finnish Institute of Public Management.

Of the companies surveyed, some 38 percent of board members were women. State ownership steering department head Jarmo Väisänen said the situation is remarkable.

Last autumn a study by the Central Chamber of Commerce found that women’s representation on the boards of publicly listed companies had tripled in nearly ten years.

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