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mechanism for promoting diversity. We show that representation, on its own, is not sufficient for selecting gender diversity: a …
Persistent link: https://www.econbiz.de/10012510528
, but also on one's rank within gender. Both beliefs on rank and attitudes towards competition change when moving to a more … gender-specific competition. The changes in competitive entry have important implications when assessing the costs of …
Persistent link: https://www.econbiz.de/10012464724
Democratic CEOs associated with a significant reduction (or even disappearance) of the gender gap in the level and performance …
Persistent link: https://www.econbiz.de/10012585377
This paper examines gender differences among top business executives using a large executive-employer matched data set … which firm-level temporal flexibility and corporate culture can explain these gender differences. Although we find that … this sorting drives the gender pay gap. However, we do find evidence that corporate culture affects pay gaps within firms …
Persistent link: https://www.econbiz.de/10012482435
This paper studies the gender compensation gap among high-level executives in US corporations. We use the ExecuComp … are less likely to be CEO, Chair, or President of their company. The unexplained gender gap can be reduced to less than 5 … of a significant gender gap (once we control for measurable characteristics) implies that women and men who hold similar …
Persistent link: https://www.econbiz.de/10012470805
With an overall lack of gender and ethnic diversity in the innovation sector documented in Gompers and Wang (2017), we … answer this question using a unique dataset of the gender of venture capital partners' children. First, we find strong …. Second, using an instrumental variable set-up, we also show that improved gender diversity, induced by parenting more …
Persistent link: https://www.econbiz.de/10012455227
Both managerial ownership and performance are endogenously determined by exogenous (and only partly observed) changes in the firm's contracting environment. We extend the cross-sectional results of Demsetz and Lehn (1985) and use panel data to show that managerial ownership is explained by key...
Persistent link: https://www.econbiz.de/10012471259
shareholders and managers in which managers have private benefits or private costs of investment. Managers overinvest when they …, in isolation, is insufficient to identify whether managers have private benefits or private costs of investment. In order … to identify whether managers have private benefits or costs, we estimate the joint relationships between incentives and …
Persistent link: https://www.econbiz.de/10012471449
In this article, we focus on how recent research advances can be used to address the following six questions: (1) How much does executive compensation cost the firm? (2) How much is executive compensation worth to the recipient? (3) How well does executive compensation work? (4) What are the...
Persistent link: https://www.econbiz.de/10012471670
This paper uses novel, firm-level measures derived from communications metadata before and after a CEO transition in 102 firms to study if CEO turnover impacts employees' communication flows. We find that CEO turnover leads to an initial decrease in intra-firm communication, followed by a...
Persistent link: https://www.econbiz.de/10012599332