Eliminating discrimination against women in economic and social life with a focus on economic crisis 2014, para. 62
Paragraph- Paragraph text
- Additional limiting factors include gender stereotypes, lack of mentoring by senior male business leaders and lack of connection to chambers of commerce to identify business and trade opportunities. Underinvestment in women entrepreneurs is a worldwide phenomenon. Research shows that from 1997 to 2000, women-led businesses in the United States received only 5 per cent of venture capital money invested each year. Venture funds led by women constitute just 10-15 per cent of the investment sector and so, although they put 70 per cent of investment in women entrepreneurs, their impact is limited. In Africa, female-owned companies in the formal sector in urban areas have two and a half times less start-up capital than male-owned equivalents. In addition, due to their concentration in small businesses, women are more vulnerable to economic fluctuations and financial crisis. Furthermore, the gender pay gap widens as women reach senior positions. For example, in one West European country, women's average bonuses are half those of men's.
- Legal status
- Non-negotiated soft law
- Body
- Working Group on the issue of discrimination against women in law and practice
- Document type
- Special Procedures' report
- Means of adoption
- N.A.
- Topic(s)
- Gender
- Person(s) affected
- Women
- Year
- 2014
- Paragraph type
- Other
- Reference
- WG Discrimination Against Women, Report to the HRC (2014), A/HRC/26/39, para. 62.
- Paragraph number
- 62
sorted by
Date added
131 relationships, 131 entities