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New York Times - Women's Voices are Still not Being Heard

Op-Ed

Date: June 19, 2017
Location: Washington, DC
Issues: Women Business, Consumers, and Employees

By Carolyn Maloney

"Women Interrupted" (Business Day, June 15) sheds important light on a phenomenon women know all too well.

As a member of Congress, I often need to ask, "Where are the women?" Whether it is a hearing on contraception or meetings about health care, women are too often left out and as a result left behind.

Women are half the population but make up only 19.4 percent of Congress, 20.2 percent of Fortune 500 board seats, and just 6.4 percent of Fortune 500 C.E.O.s. That's not only unfair to women; it's also bad for our economy. Study after study has shown that companies with greater gender diversity tend to generate greater profits and greater shareholder value.

To begin to remedy this, I introduced the Gender Diversity in Corporate Leadership Act (H.R. 1611) to encourage companies to achieve gender parity on their boards more quickly and to improve the Securities and Exchange Commission's diversity disclosure requirements.


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