Study Finds That Glass Ceiling Exists In World Of Corporate Crime

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Although the gap might be shrinking in the normal business world, it appears that in the world of corporate crime there is still a large difference between how much money males and females take home. According to a new report, women who commit corporate crimes make hardly any profit at all while their male counterparts make millions.

“Paralleling gendered labor market segmentation ... sex segregation in corporate criminality is pervasive, suggesting only subtle shifts in gender socialization and women’s opportunities for significant white-collar crimes,” wrote the report’s lead author, Darrell J. Steffensmeier of Pennsylvania State University.

The report was based on an analysis of 83 fraud cases involving 436 defendants initiated from 2002 through 2009 by the multi-agency federal Corporate Fraud Task Force. Only 37 women, about 9 percent all the offenders, were indicted in the cases that were analyzed.

The findings, which were published in the American Sociological Review journal, indicate that women rarely lead fraud rings and that they often hold inferior positions to men.

"The majority of male offenders held a top executive or upper-level positions whereas a much smaller portion of female conspirators were high-ranking officials  only 8 percent of women were in top management and 30 percent were in upper-level positions," the authors wrote, according to MSN Now.

Researchers identified 156 male "ringleaders" but could only find three female ringleaders. Only one of those women, former Network Technologies Group CEO Michele Tobin, was not married to a male ringleader.

Fifty-six percent of the women in the study did not personally profit from the frauds they were involved with while the most of the male criminals made half a million dollars or more.

Sources: MSN Now, UPI