A growing literature studies the importance of top managers for firm policies and performance. We revisit the foundations of this literature by replicating and extending the analysis of Bertrand and Schoar (2003), who used manager fixed effects to provide evidence for the existence of managerial...

To cumulate and reconcile conflicting results in the research on gender and entrepreneurship, we meta-analyze 97 primary studies on entrepreneurial entry, financing, and performance, test existing explanations for gender differences, and propose alternative explanations grounded in...

We present a theory of how a rational, profit-maximizing firm would respond to pressure for gender pay equity by strategically distributing raises to reduce the pay gap between its female and male employees at minimum cost. Using formal analysis and pay data from a real employer, we show that...