It’s International Woman’s Day, and so much buzz is going around for the statue of a little girl with her hands on her hips in front of the bull on wall street in Manhattan. “State Street Global Advisors issued a strong statement about gender equality. The money manager, with roughly $2.5 trillion under management, announced it would pressure 3,500 companies worth $30 trillion in market cap to aim for gender parity on their boards.”
This beautiful statue represents: “Today, we are calling on companies to take concrete steps to increase gender diversity on their boards and have issued clear guidance to help them begin to take action,” Ron O’Hanley, CEO of SSGA said in a statement.” This represents firm push to gender parties around the world! What a great way to represent girl power! They are hoping to leave the statue in front of the bull for a long time.
Not many women have the role’s as leaders out there or the opportunity is not give. The SSGA release notes that despite research pointing to stronger returns for companies with solid female leadership, one out of every four Russell 3000 companies lack a single female board member. At nearly 60% of firms, less than 15% of board seats belong to women.
Source taken from: http://fortune.com/2017/03/08/international-womens-day-girl-wall-street-bull/