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This paper offers a new explanation of the gender pay gap in leadership positions by examining the relationship between … managerial bonuses and company performance. Drawing on findings of gender studies, agency theory, and the leadership literature …, we argue that the gender pay gap is a context-specific phenomenon that results partly from the fact that company …
Persistent link: https://www.econbiz.de/10013116522
workers, I use text analysis of 10-K statements to show that managers of nonroutine workforces focus relatively more on …
Persistent link: https://www.econbiz.de/10013034634
This paper examines CEO behavior in response to within-firm pay inequality. Using CEO-median employee pay ratio data mandated by the SEC, the study reveals that following the release of pay ratio disclosures, CEOs with higher pay ratios tend to issue higher dividend payments as a strategy to...
Persistent link: https://www.econbiz.de/10014362169
studies the association between gender and network connections. First, female CEOs are less likely to be “Influential” (that …
Persistent link: https://www.econbiz.de/10012935415
investment decisions. Male CEOs allocate more investment capital to male than female division managers. This gender gap is driven … the mother. The gender gap also increases for CEOs who attended all-male high schools and grew up in neighborhoods with … greater gender inequality. The effect of gender on capital budgeting introduces frictions and erodes investment efficiency …
Persistent link: https://www.econbiz.de/10012852385
accrued through social connections, influences gender pay gaps. Consistent with homophily, the tendency to bond and interact …
Persistent link: https://www.econbiz.de/10013293099
examine whether CEO political preferences are associated with gender diversity in the boardroom and find no such association …. This lack of association is consistent with CEOs' preferences having less influence over gender diversity in the boardroom … than over that of executives reporting to the CEO. Finally, examining the gender gaps in the level and performance …
Persistent link: https://www.econbiz.de/10012200346
It is an established fact that gay men earn less than other men and lesbian women earn more than other women. In this paper we study whether differences in competitive preferences, which have emerged as a likely determinant of labour market differences between men and women, can provide a...
Persistent link: https://www.econbiz.de/10011346565
Persistent link: https://www.econbiz.de/10012038383
communication with investors. We investigate to what extent managers exploit their earnings forecasts as a tool of expectations …
Persistent link: https://www.econbiz.de/10013117861