The purpose of the study was to examine the relationship of gender equity to faculty compensation, career advancement, and access to leadership roles in colleges of business in Finland, Jamaica and the United States. This quantitative study, anchored by feminist, human capital and socialization theories supported the emergence of a conceptual framework of societal gender equity. This framework showed the direct impact of how male and female faculty members are perceived and treated in colleges of business based on societal and cultural norms. The literature reviewed provided evidence that gender inequity persists in both developing and developed countries. The literature addressed areas such as (a) Global perspectives on gender equity; (b) Inequity in the STEMM fields as well as colleges of business; (c) salary and compensation for women; and (d) Impact of gender equity on institutions of higher education. The research utilized a comparative methodological framework in seeking to understand similarities and differences of gender equity and equality in business schools in Finland, Jamaica and the United States. A pilot study was conducted prior to surveys being sent out to study participants. The UCL Athena SWAN gender equity survey was used to collect data in SurveyMonkey. A total of 410 participants completed the survey. The quantitative data was analyzed using the IBM SPSS software to determine the relationship gender equity has on compensation, career advancement and leadership roles. The analysis of the data collected was done using multiple statistical techniques. For the open-ended response data collected, a conventional content analysis was conducted to find the themes/categories/clusters that emerged. This data helped to corroborate the quantitative findings. Additionally, the findings of this study suggest that business faculty members' perceptions of gender equity have a significant impact on workplace climate in business schools. Overall, the research findings will help to reduce incidences of gender inequity and inequality that persist in institutions of higher education, specifically in colleges of business. [The dissertation citations contained here are published with the permission of ProQuest LLC. Further reproduction is prohibited without permission. Copies of dissertations may be obtained by Telephone (800) 1-800-521-0600. Web page: http://bibliotheek.ehb.be:2222/en-US/products/dissertations/individuals.shtml.]