IDEAS home Printed from https://ideas.repec.org/a/now/jnlrcf/114.00000035.html
   My bibliography  Save this article

The Inequality of Finance

Author

Listed:
  • Renée Adams
  • Jing Xu

Abstract

Thought leadership in academic finance is more unequal than in other fields. Using data on the top 2% of scientists across all fields from Ioannidis et al. (2019) and Ioannidis et al. (2020), we show that the set of top scientists in finance is less diverse in terms of gender and geography than in economics and other STEM fields. However, top female scientists in finance have relatively more impact than they do in economics and other STEM fields. Women’s average beliefs about the level of brilliance necessary to be in a field have little explanatory power for women’s representation in finance, but men’s beliefs do. Our results suggest that field-specific culture is a higher barrier to women’s advancement in finance than it is in other fields.

Suggested Citation

  • Renée Adams & Jing Xu, 2023. "The Inequality of Finance," Review of Corporate Finance, now publishers, vol. 3(1-2), pages 35-68, May.
    • Handle: RePEc:now:jnlrcf:114.00000035
    DOI: 10.1561/114.00000035
    as

    Download full text from publisher

    File URL: http://dx.doi.org/10.1561/114.00000035
    Download Restriction: no
    File URL: https://libkey.io/10.1561/114.00000035?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Wang, Yibo, 2023. "Exploring resource endowment and human capital impact on regional energy efficiency in China in the context of COP26," Resources Policy, Elsevier, vol. 81(C).

    More about this item

    Keywords

    Finance; science; brilliance; beliefs; gender; STEM; citations; culture;
    All these keywords.

    JEL classification:

    • J16 - Labor and Demographic Economics - - Demographic Economics - - - Economics of Gender; Non-labor Discrimination
    • L22 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Organization and Market Structure

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:now:jnlrcf:114.00000035. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Lucy Wiseman (email available below). General contact details of provider: http://www.nowpublishers.com/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.