MANAGEMENT LCPO
9th Edition
ISBN: 9781264345151
Author: KINICKI
Publisher: MCGRAW-HILL HIGHER EDUCATION
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Question
Chapter 11, Problem 3MIA
Summary Introduction
Case Summary:
FSI is an industry in which lots of discrimination prevails. Women and minorities are side-tracked in the industry when it comes to equality. There are various reasons behind it which prevail in the industry. People are usually less likely to value advice from females regarding stock-market, a career in FSI is not considered by women and minorities as an option, many women and minorities perceive an unfair climate in their organization, evidence has been seen that there is a systematic bias against women and minorities in FSI. The major financial institution does not release their diversity ratio which further increases the practice of discrimination. FSI professionals pay Hazard premiums to reinforce systematic silence in the industry.
Interpretation:
Role of stereotypes and prejudices to eliminate discrimination.
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