Women and foreign nationals are rarely found on the boards of directors of Swiss small and medium-sized businesses (SMEs). However, there are major differences depending on the sector. +Get the most important news from Switzerland in your inbox This is the conclusion of a Master's thesis written at the University of Zurich and published on Monday. Author Angelo Antonio Di Feo analysed the boards of directors of 28,000 Swiss SMEs. According to the study, on average women make up 20% of the boards, although this figure varies greatly depending on the sector. In the IT sector, the proportion of women is less than 10%, whereas in social service companies it is 29%. + Proportion of female Swiss company directors stagnates Around 10% of board members do not have Swiss citizenship. In border regions, however, the proportion of foreign board members is higher. Small supervisory bodies The boards are generally very small: in almost 90% of SMEs, the board of directors consists of a maximum ...