Women Participation in Senior Management Positions in Licensed Commercial Banks in Sri Lanka
13 Pages Posted: 16 Mar 2017
Date Written: March 14, 2017
The following research study has been designed in order to investigate an important issue “The Glass Ceiling effect” which still prevails in many organizations in Sri Lanka. The banking sector which is a very vibrant industry in Sri Lanka has been selected to conduct the analysis. The core objective of this study is to identify the barriers which prevail and have an impact on women participation in senior management positions in licensed commercial banks in relationship with organizational performance.
The research has conducted by taking in to account 9 domestic licensed commercial banks in Sri Lanka. Thus both secondary as well as a primary research has conducted in order to critically analyze the “Glass Ceiling Effect” in banking sector in Sri Lanka. Secondary data analyzing has addressed two objectives to identify the challenges in acquiring skills and challenges in women participation in upper management. The research findings showed that there are 9% of females in director board, 16% females in corporate management and 13% females as the management team. In overall perspective the research highlighted that there are 13% of female participants in the managerial positions in banks. According to the primary research which was conducted, the level of women participation was identified in-terms of organizational performance. Thus questionnaire findings showed a moderate level of perception about women participation in the banking sector. Finally a series of quality solutions were recommended in order to eliminate the “Glass Ceiling Effects” in the banking industry.
Keywords: Glass Ceiling Effect, Women Participation, Licensed Commercial Banks, Career Advancement
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