|
|
Article: The business of gender: women are still rare sights in the boardroom despite studies linking female executives to higher profits.(COMMENTARY)(Column)
- Article from:
- Los Angeles Business Journal
- Article date:
- March 30, 2009
- Author:
CopyrightCOPYRIGHT 2009 CBJ, L.P. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
As we watch the economic crisis unfold--whether here in Los Angeles or around the world--we are all asking the same questions: How did we get here and what will it take for us to recover? I'm not sure anyone has all the answers yet. However, as I listened to the president's recent address to Congress (along with my wife, three daughters and son), part of the solution may have been right in front of me. Women.
Women make up two-thirds of my household, but according to a 2008 study by Catalyst they hold only 15 percent of board seats in the Fortune 500, far out of proportion to their numbers, education and purchasing power.
For companies headquartered in ...