This paper uses worldwide firm-level data to scrutinize the governance factors that favor gender diversity in leadership positions. Our results reveal that the gender of the dominant shareholder is key. The chief executive of firms with a female dominant shareholder has a significantly higher...

This paper uses worldwide firm-level data to scrutinize the governance factors that favor gender diversity in leadership positions. Our results reveal that the gender of the dominant shareholder is key. The chief executive of firms with a female dominant shareholder has a significantly higher...

This paper uses worldwide firm-level data to scrutinize the governance factors that favor gender diversity in leadership positions. Our results reveal that the gender of the dominant shareholder is key. The chief executive of firms with a female dominant shareholder has a significantly higher...

Prior research finds that women receive lower salaries than men. Similarly, we show that female audit partners in Belgium receive significantly lower compensation than male partners. However, there are alternative explanations for the pay gap other than gender discrimination. For example, the...

This paper examines the effect of gender in corporate leadership on the performance and risk of Vietnamese listed firms. We find that firms with female CEOs generate higher profitability than those with male CEOs. In addition, firms led by female CEOs experience less systematic and idiosyncratic...

Prior research finds that women receive lower salaries than men. Similarly, we show that female audit partners in Belgium receive significantly lower compensation than male partners. However, there are alternative explanations for the pay gap other than gender discrimination. For example, the...

What is the impact on firm revenue after prospective employees learn about incidents of racial prejudice in the workplace? Using job reviews for major U.S. stores and exploiting variation on reviews published during busy days, this paper shows that reporting one incident of workplace racial...

We investigate the relationship of CEOs' political preferences (as reflected in their political contributions) with the prevalence and compensation of women in leadership positions at U.S. public companies. We find that CEOs who favor the Democratic Party (“Democratic CEOs”) are associated...

This paper examines the impact of workforce diversity and inclusion (D&I) on a firm's operating flexibility, using a novel employee rating of D&I introduced in 2020. I extrapolate the D&I rating back to 2008 for thousands of companies, using a model that surpasses humans. I find that diverse and...

The market for entry level legal talent circa 2013 is dysfunctional, as it is organized around stale and unreliable measures of academic ability. Both logic and experience, as well as a fair amount of social science, suggest that success as a lawyer depends upon a wide array of additional...