Table 1

Steps for calculating the glass ceiling indicator

StepDescription
1. Calculate female executivesUse Bloomberg data on the percentage and absolute number of female executives to determine the total number of male and female executives
2. Estimate women in managementMultiply the total number of employees by the percentage of women among all employees to estimate women in management roles
3. Compute total women in executive and management positionsSum the number of female executives (Bloomberg data) and the estimated number of women in management
4. Calculate total female employeesMultiply the percentage of women in the company by the total number of employees
5. Estimate total individuals in managementUse proportional calculation based on the number of women in management and their share of the total to estimate all individuals in management
6. Compute total individuals in executive and management rolesSum the total number in management and the total number of executives (men and women). This serves as the denominator
7. Calculate the numerator ratioDivide the total number of women in executive and management positions by the total number of individuals in those roles
8. Compute the Glass Ceiling IndicatorDivide the ratio obtained in Step 7 by the Bloomberg variable indicating the percentage of female employees in the company
Source(s): Authors’ own work using Bloomberg information

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