Jordan Siegel of Harvard Business School reports that foreign multinationals are recruiting large numbers of educated Korean women...., lifting the proportion of a firm’s managers who are female by ten percentage points raises its return on assets by one percentage point...
Wednesday, October 27, 2010
How many economists does it take to eliminate discrimination against women?
None--the market will do it. If an employer discriminates against women, a rival can hire women, and make the same goods at lower cost. This is happening in South Korea where US firms are hiring over qualified, and under employed Korean women: