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Selling Women Short - Gender and Money on Wall Street (Paperback)
Loot Price: R549
Discovery Miles 5 490
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Selling Women Short - Gender and Money on Wall Street (Paperback)
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Loot Price R549
Discovery Miles 5 490
Expected to ship within 12 - 17 working days
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Rocked by a flurry of high-profile sex discrimination lawsuits in
the 1990s, Wall Street was supposed to have cleaned up its act. It
hasn't. Selling Women Short is a powerful new indictment of how
America's financial capital has swept enduring discriminatory
practices under the rug. Wall Street is supposed to be a citadel of
pure economics, paying for performance and evaluating performance
objectively. People with similar qualifications and performance
should receive similar pay, regardless of gender. They don't.
Comparing the experiences of men and women who began their careers
on Wall Street in the late 1990s, Louise Roth finds not only that
women earn an average of 29 percent less but also that they are
shunted into less lucrative career paths, are not promoted, and are
denied the best clients. Selling Women Short reveals the subtle
structural discrimination that occurs when the unconscious biases
of managers, coworkers, and clients influence performance
evaluations, work distribution, and pay. In their own words, Wall
Street workers describe how factors such as the preference to
associate with those of the same gender contribute to systematic
inequality. Revealing how the very systems that Wall Street
established ostensibly to combat discrimination promote inequality,
Selling Women Short closes with Roth's frank advice on how to
tackle the problem, from introducing more tangible performance
criteria to curbing gender-stereotypical client entertaining
activities. Above all, firms could stop pretending that market
forces lead to fair and unbiased outcomes. They don't.
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