This study examines the extent to which women have circumvented the glass c
eiling by empirically examining whether there has been an increase in women
's representation on corporate boards and CEO positions over the IO-year pe
riod from 1987 to 1996. Results indicate greatly increased representation o
n corporate boards. There is, however, no evidence of progress in, or rewar
ds, the CEO suite. Moreover, there is no evidence of that circumstance abat
ing in the next several years. The number of female inside directors, an in
termediate, and requisite, position in the succession to CEO, is astonishin
gly small, only 0.006 percent. Notably, there has been no increase in, that
proportion over the last decade. Copyright (C) 1999 John Wiley & Sons, Ltd
.