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Chipping Away at the Glass Ceiling Gender Spillovers in Corporate Leadership

Author

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  • David A. Matsa
  • Amalia Miller

Abstract

This paper examines the role of women helping women in corporate America. Using a merged panel of directors and executives for large U.S. corporations between 1997 and 2009, the authors find a positive association between the female share of the board of directors in the previous year and the female share among current top executives. The relationship's timing suggests that causality runs from boards to managers and not the reverse. This pattern of women helping women at the highest levels of firm leadership highlights the continued importance of a demand-side "glass ceiling" in explaining the slow progress of women in business.

Suggested Citation

  • David A. Matsa & Amalia Miller, 2011. "Chipping Away at the Glass Ceiling Gender Spillovers in Corporate Leadership," Working Papers WR-842, RAND Corporation.
  • Handle: RePEc:ran:wpaper:wr-842
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    File URL: https://www.rand.org/content/dam/rand/pubs/working_papers/2011/RAND_WR842.pdf
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    References listed on IDEAS

    as
    1. Christopher Avery & Susan Athey & Peter Zemsky, 2000. "Mentoring and Diversity," American Economic Review, American Economic Association, vol. 90(4), pages 765-786, September.
    2. Marianne Bertrand & Claudia Goldin & Lawrence F. Katz, 2010. "Dynamics of the Gender Gap for Young Professionals in the Financial and Corporate Sectors," American Economic Journal: Applied Economics, American Economic Association, vol. 2(3), pages 228-255, July.
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    Cited by:

    1. Kunze, Astrid & Miller, Amalia, 2014. "Women Helping Women? Evidence from Private Sector Data on Workplace Hierarchies," IZA Discussion Papers 8725, Institute for the Study of Labor (IZA).
    2. Brishti Guha & Prabal Roy Chowdhury, 2015. "Affirmative action in the presence of a creamy layer," Indian Statistical Institute, Planning Unit, New Delhi Discussion Papers 15-06, Indian Statistical Institute, New Delhi, India.
    3. Levi, Maurice & Li, Kai & Zhang, Feng, 2014. "Director gender and mergers and acquisitions," Journal of Corporate Finance, Elsevier, vol. 28(C), pages 185-200.
    4. Geiler, Philipp & Renneboog, Luc, 2015. "Are female top managers really paid less?," Journal of Corporate Finance, Elsevier, vol. 35(C), pages 345-369.

    More about this item

    JEL classification:

    • G34 - Financial Economics - - Corporate Finance and Governance - - - Mergers; Acquisitions; Restructuring; Corporate Governance
    • M51 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Personnel Economics - - - Firm Employment Decisions; Promotions
    • J16 - Labor and Demographic Economics - - Demographic Economics - - - Economics of Gender; Non-labor Discrimination
    • J71 - Labor and Demographic Economics - - Labor Discrimination - - - Hiring and Firing

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