Date of Award
Spring 6-8-2018
Document Type
Honors Project
University Scholars Director
Dr. Christine Chaney
First Advisor/Committee Member
Dr. Douglas Downing
Second Advisor/Committee Member
Dr. Christine Chaney
Keywords
Impact Investment, Gender Gap, Financial Technology
Abstract
Wage disparity is a major political issue in the United States, but it has far more to do with the health of the economy as a whole. Statistically speaking, it is very difficult for women to participate equally in an economy where they are systematically marginalized. This hurts businesses, it hurts global markets and it damages overall GDP. Statistical data drawn primarily from the Bureau of Labor Statistics underline the differences that women face from various standpoints. Race is a primary influencer, but across the board all women make significantly less than men of the same background for the same job. This is not necessarily groundbreaking, but the often overlooked investing gap can be. Simply put, lower wages mean that if women invest at the same rate as men, the inequality will only worsen as those earnings gain interest compounded over time. Women are, however, better investors and should they be given access to the proper information and financial tools, they can increase their presence in the investing space and therefore increase the number of women present on the board of businesses all over the globe. More women in the upper level of the business world benefits women everywhere.
Recommended Citation
Flett, Miles A., "The Impact We Can Make Through Investment: Securing Financial Freedom by Serving Others" (2018). Honors Projects. 115.
https://digitalcommons.spu.edu/honorsprojects/115
Copyright Status
http://rightsstatements.org/vocab/InC/1.0/
Included in
Business Administration, Management, and Operations Commons, Business Analytics Commons, Corporate Finance Commons, Finance and Financial Management Commons
