broligarchy
n.n. a situation where a small group of men, who are often friends, control a company or industry. This term is often used critically to describe unfair environments where women and other groups are excluded from power.
n. a neologism and portmanteau of 'bro' and 'oligarchy', referring to a power structure in which a cliquish group of men controls an organization or industry. The term is informal and pejorative.
Critics call the company's leadership a broligarchy.
The article argued that venture capital is a broligarchy, making it difficult for female founders to get funding.
Beyond its public commitment to diversity, the firm's promotion data revealed a persistent broligarchy where leadership roles were invariably filled from a small network of well-connected men.