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Annual reports from a sample of Fortune 500 firms were examined to determine male and female depiction in those reports. Parity indices were computed to relate male/female representation in the reports to male/female representation in the labor force. The parity indices were correlated with reportreaders' perceptions of corporate climate, measured by a nine-item Likerttype scale. Perceptions of corporate climate bore little relationship to malerepresentation in the annual reports. However, as visibility of females increased, participants tended to rate corporate climate more favorably.
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