Do Female Executives Make a Difference? The Impact of Female Leadership on Gender Gaps and Firm Performance
We analyze a matched employer-employee panel data set and find that female leadership has a positive effect on female wages at the top of the distribution, and a negative one at the bottom. Moreover, performance in firms with female leadership increases with the share of female workers. This evidence is consistent with a model where female executives are better equipped at interpreting signals of productivity from female workers. This suggests substantial costs of under-representation of women at the top: for example, if women became CEOs of firms with at least 20% female employment, sales per worker would increase 6.7%.
Year of publication: |
2014
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Authors: | Flabbi, Luca ; Macis, Mario ; Moro, Andrea ; Schivardi, Fabiano |
Publisher: |
Bonn : Institute for the Study of Labor (IZA) |
Subject: | executives' gender | gender gap | firm performance | glass ceiling | statistical discrimination |
Saved in:
freely available
Series: | IZA Discussion Papers ; 8602 |
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Type of publication: | Book / Working Paper |
Type of publication (narrower categories): | Working Paper |
Language: | English |
Other identifiers: | 800371127 [GVK] hdl:10419/106545 [Handle] RePEc:iza:izadps:dp8602 [RePEc] |
Classification: | M5 - Personnel Economics ; M12 - Personnel Management ; J7 - Discrimination ; J16 - Economics of Gender |
Source: |
Persistent link: https://www.econbiz.de/10010468130