A recent survey conducted by business-to-business research consultancy, Kadence, has shown that in half of all Asian SMEs the decision-maker in the key financial role is a woman.
SMEs (Small and Medium-sized Enterprises) were polled across a number of Asian markets including: Hong Kong, India, Malaysia, Philippines, Singapore, Taiwan and Thailand. Considerable differences were found between countries, and an organisation's size also had a bearing on who controls the financials.
Thailand came top with a staggering 79% of female financial directors. Meanwhile, India was the most male dominated market, where only 5% of the financial decision makers are women.
Overall survey results show the ratio of female to male financial decision-makers:
Country | % Female | % Male |
Thailand: | 79 | 21 |
Taiwan: | 77 | 23 |
Singapore: | 62 | 38 |
The Philippines: | 59 | 41 |
Hong Kong: | 59 | 41 |
Malaysia: | 59 | 41 |
Indonesia: | 48 | 52 |
Australia: | 48 | 52 |
India: | 5 | 95 |
All articles 2006-23 written and edited by Mel Crowther and/or Nick Thomas, 2024- by Nick Thomas, unless otherwise stated.
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