eBook

Selling Women Short

Louise Marie Roth

2011,2006,2015

Overview

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 Shortis 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 Shortreveals 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 Shortcloses 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.

• Publisher: Princeton University Press
• Subject: Affirmative action / Arbeitsmarktdiskriminierung / Asset management / Bachelor's degree / Bank / BUSINESS & ECONOMICS / BUSINESS & ECONOMICS / Workplace Culture / BUSINESS & / BUSINESS and amp / Business school / Buy side / Börsenmakler / Career / Child care / Client Base / Coefficient / Commercial bank / Competition / Corporate finance / Dalton Conley / Disadvantage / Disparate impact / Division of labour / Employment / Equal employment opportunity / Equal pay for equal work / Finance / Financial analyst / Financial institution / Financial services / Finding / Gender inequality / Gender neutrality / Gender pay gap / Gender role / Gender Studies / Glass ceiling / Goldman Sachs / Hostile work environment / Human capital / Incentive / Income statement / Investment banking / Lohnstruktur / Management & Organizational Behavior / Market trend / Mentorship / Mergers and acquisitions / Meritocracy / Merrill Lynch / Morgan Stanley / New York / New York (State) / Occupational inequality / Organization / Parental leave / Paula England / Performance appraisal / Personal life / Policy / Portfolio manager / Pregnancy discrimination / Public finance / Qualitative research / Recession / Recruitment / Rosabeth Moss Kanter / Salary / Sex differences in humans / Sex discrimination in employment / Sexism / Sexual harassment / Social Forces / SOCIAL SCIENCE / SOCIAL SCIENCE / Discrimination & Race Relations / SOCIAL SCIENCE / Gender Studies / Social status / Sociology / Stock market / Supervisor / Trade-off / Trader (finance) / Underwriting / USA / Weibliche Arbeitskräfte / Women stockbrokers / Workforce / Workplace / Workplace Culture / Work–life balance / Writing process
• ISBN: 9780691126432, 0691126437, 1400840791, 9781400840793, 0691166722, 9780691166728