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Glass ceiling to remain unshattered

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PHILADELPHIA, Nov 10, 2006 (UPI via COMTEX) -- The number of female chief executives in the largest U.S. corporations will continue to lag, mainly because half of the companies have no woman in top ranks.

A study, which is published in this month's issue of the journal Academy of Management Perspectives and was released Friday, estimates that in 2010 -- 40 years from the time women entered management ranks in force -- they will likely account for 5 percent or 6 percent of the chief executive officers of the 1,000 largest firms, the publication said in a news release.

The study also found that nearly half the 1,000 largest U.S. firms had no woman in their official listings of principal executives.

Constance E. Helfat, a professor at Dartmouth's Tuck School of Business, carried out the study with Dawn Harris of Loyola University Chicago and Tuck colleague Paul J. Wolfson.


Copyright 2006 by United Press International

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