Burns, Natasha; Minnick, Kristina; Netter, Jeffry M.; … - National Bureau of Economic Research - 2022
We employ a cross-country sample to examine whether cultural differences help explain gender compensation variations … to the compensation decisions, provide significant explanatory power to the observed gender gap in executive compensation … executive compensation, we find that adding cultural measures to the model increases the explanatory power from 44% to 95% of …