Among US TMT companies, representation in our sample. With respect to ethnic and of women at whole company level is 30 cultural diversity, 12% of TMT executives to 35%, almost exactly the same as the in our US data set are Asian, black, or proportion of STEM degrees granted Latino, whereas 30% of bachelor degrees to US women (35% and 33% of bachelor in STEM were awarded to the three groups 13 14 and masters, respectively). Yet women combined since 2000. make up only 17% of US TMT executives 13 US National Center for Education Statistics, 2016 Digest of Education Statistics; and US Bureau of Labor Statistics, “Employed persons by detailed industry, sex, race, and Hispanic or Latino ethnicity,” Current Population Survey, February 2017. 14 Ibid. Delivering through diversity Section Heading 18