Canada could learn it pays to invest in gender parity, a venture capital fund zones in on women entrepreneurs, and corporations with female board members see higher returns. Here are this week’s top reads for women and money from around the web.
Editor’s picks of the week
- What is women’s equality worth? Canada could add $420-billion in GDP by 2037 by achieving complete gender parity according to the latest report by McKinsey Global Institute.
- Toronto-based SheEO follows the “radical generosity” model to counter the lack of venture capital investment in women entrepreneurs. Investors in SheEO invest $1,100 each into a basket of five promising start-ups—but there’s more to it than money.
- Corporations with female board members report higher stock price gains–by as much as 50 percent.
- Emotional rescue: Men are more likely than women to buy a stock based on a “hunch” or a friend’s recommendation.
- For most female entrepreneurs, flexibility trumps extra pay.
- The race is on: Autonomous vehicles are becoming a mass-market reality—but which company will reach the finish line first?