“Not harassing us is important but basic. We need more. We need an equal share of time and attention that gets women into the roles they need.” – Facebook CEO Sheryl Sandberg at a Morgan Stanley investor Conference, 2/28/18
A new study by Accenture reveals that just having one woman in the C-suite can triple the number of women in a company’s management pipeline. [Broadsheet, 3/6/18]
A woman’s place
The qualities that have made Warren Buffett such a successful investor are more common to female investors, yet women are still well underrepresented.
[Source: Academic and industry research, Bloomberg Gadfly analysis]
In a 2001 study out of the University of California at Davis titled, “Boys Will Be Boys: Gender, Overconfidence, and Common Stock Investment,” researchers famously came to this conclusion: Since men are more overconfident than women, men will trade more and perform worse than women.
Then in 2010, Vanguard Group found that men were more likely to panic and sell stock during the financial crisis, and therefore less likely to capture the beginning of the market recovery. That same year, a Boston Consulting Group report about female wealth-management clients determined that they’re generally not as “distracted by short-term performance.” [Bloomberg L.P., 2/28/18]
“Despite reckoning on Hollywood diversity, TV industry has gotten worse”:
The television industry’s exclusion of female show creators and people of color has only gotten worse in the new season, according to a study that paints a grim picture even as Hollywood has made bold commitments to improve diversity and representation.
Creators of new shows in the 2017-18 season were 91% white and 84% male, marking a step backwards for both gender and racial diversity behind the camera, researchers with the University of California, Los Angeles (UCLA) reported on Tuesday. Despite modest gains in the diversity of casts in film and TV – and widespread evidence that diverse content yields box office success and high ratings – white men still occupy the vast majority of creative positions, the study found. [Gender Avenger Blog, 3/1/18]