The World Economic Forum predicts that it will take more than a century to close the gender pay gap globally, while accountancy firm PwC suggests that today’s 21-year-olds are unlikely to see the gap close fully during their working lives. Professor Laura Spence’s groundbreaking new Academy of Management Review article, “Feminist Value Creation: The Pursuit of Gender Equality” argues that making progress faster will require a comprehensive, even radical, challenge to the most fundamental assumptions in business and management theory: how we define and create value.
Rethinking value creation: The steps businesses need to take to achieve gender equality faster
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