The role of employer learning and regulatory interventions in mitigating executive gender pay gap
| Autor: | Swarnodeep Homroy, Shibashish Mukherjee |
|---|---|
| Přispěvatelé: | Research programme I&O |
| Jazyk: | angličtina |
| Rok vydání: | 2021 |
| Předmět: |
040101 forestry
Economics and Econometrics 050208 finance Executive compensation Strategy and Management 05 social sciences Psychological intervention Public policy 04 agricultural and veterinary sciences 0502 economics and business Cohort 0401 agriculture forestry and fisheries Demographic economics Gender gap Business and International Management Psychology Young female Finance Gender pay gap Financial sector |
| Zdroj: | Journal of Corporate Finance, 71:101857. ELSEVIER SCIENCE BV |
| ISSN: | 0929-1199 |
| Popis: | This paper examines the role of information and regulatory interventions in mitigating the executive gender pay gap. We find female executives receive about 34% less compared to equivalent males from the same cohort, which falls by half over tenure within the company, but remains systematically significant throughout. The gender pay gap is the highest for young female executives and in the financial sector. Both demand-side (board gender quotas) and supply-side (family policies) regulatory interventions are associated with a lower gender gap in executive pay. Board gender quotas are associated with lower gender pay gap for experienced female executives in the highest age bracket. In contrast, supply-side interventions are associated with lower gender pay gap for the youngest female executives. Our results have important implications for the relative effectiveness of public policies that aim to reduce gender imbalance in corporate leadership and pay. |
| Databáze: | OpenAIRE |
| Externí odkaz: |
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