New York Times:
“Those are characteristics that you think about when asked to talk about what the Wall Street culture is,” she said in an interview. “That’s a very masculine, macho culture, again a stereotype, and, in general, it’s very hard for women or men to picture women being that way because that conflicts with the stereotypic norms of what women should be like.”
Ms. Lang, a trailblazer in the high-tech and Internet industries who has headed Catalyst for nine years and holds an M.B.A. from Harvard, continued, “Women who behave in those macho ways are then perceived as being very masculine, and that’s considered very unattractive. While men are aggressive, women are labeled with the ‘B word.’ It is behavior that’s admired in men but despised in women.”
She called it a double bind. This fits an overall pattern, she said, that is specific not to Wall Street but exists wherever traditionally macho behavior is what it takes to be successful. Stereotypic bias runs through everything, she said, like lack of access to networks, lack of role models and gender definition.
Stereotypic bias is among the toughest barriers women face. It defines “what women should do, what they can do, what they’re good at,” she said. “Men are natural leaders and women are not; men are strong and women are weak; and men are in charge and women are caretakers. These are gender stereotypes. It’s what social culture is all about.”
Gender bias runs deep. “This is what researchers call implicit bias,” Ms. Lang said. Studies by Catalyst and others over recent decades show that “if you compare a man and a woman, when everything else is the same — their wealth, their education, their I.Q., their physical attractiveness and capability — you will always find that the man has more advantages than the woman.”