Multiple factors could contribute to the perception that MNCs favor hiring female candidates over male ones in a ratio of 8:1.
Firstly, MNCs increasingly recognize the importance of promoting diversity and inclusion in their workforce, particularly among historically marginalized groups such as women
Companies strive to create a more inclusive environment, believing that doing so enhances creativity, innovation, and productivity
Secondly, MNCs face pressure from shareholders, investors, consumers, and regulatory bodies to demonstrate progress toward greater gender parity in leadership roles and throughout their organizational structures
For instance, the European Commission introduced measures aimed at increasing the representation of women in non-executive board positions of listed companies
Thirdly, MNCs seek to avoid reputational damage caused by accusations of gender inequality and discrimination
They aim to attract top talent, retain employees, and appeal to a broader consumer base by demonstrating their commitment to gender equity
Fourthly, MNCs might leverage affirmative action policies to redress historical imbalances in gender representation
These policies aim to counteract past discrimination and facilitate the entry of qualified women into traditionally male-dominated fields and industries
Lastly, MNCs may benefit from the unique skills and perspectives that women bring to the table, recognizing that gender diversity contributes positively to team performance and problem-solving abilities