Service exporters have the highest percentage of female directors in the Netherlands
Boards of retail firms have the highest female representation
Among the top 10 sectors with the largest number of exporting firms, the share of female directors in their Board of Directors is highest in retail, with 31 percent meeting the standard of achieving at least one-third female representation on their Board of Directors. The share is lowest in the IT and information services, basic metal manufacturing, and the car trade and repair sectors.
Businesses with at least one-third of female directors less likely to export abroad
Among businesses active in international trade, those with exclusively male directors export more frequently, on average, than those with boards consisting of at least one-third of women. Forty-five percent of firms with boards consisting entirely or partly of women exported to other countries, compared to 51 percent of firms with male-only boards. The largest difference is seen in the trade in goods: 24 percent of firms without female directors are exporting goods, compared with 20 percent of firms with at least one-third female directors. In services trade, the difference between the two groups is only 1 percentage point, with 17 percent and 15 percent of firms exporting both goods and services, respectively.
Export value is the highest at firms with one or more female directors
Firms with at least one-third female directors achieve significantly higher export values than those with only men on their Board of Directors. For example, the export value of goods is 31 percent higher at firms with one or more female directors, and for service exports, the difference is as much as 93 percent. These figures have not been adjusted for type of sector, size of business or other factors that may (partly) explain the differences. The Internationalisation Monitor further examines the relationship between women in top management teams of Dutch firms and their exports activities.
Source: Statistics Netherlands
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