How Feminine is Corporate America?
The paper provides an up-to-date description of the distribution of female top executives in US corporations. Our data comprise a total of 54'380 observations from 2'489 firms over the time period from 1992 to 2001. Our results suggest that women are working for smaller, faster growing and more profitable firms. Further, female executives earn less than their male colleagues, but the difference is much smaller for CEOs. In addition, we show that women in CEO positions face stronger incentive schemes compared with their male colleagues. Finally, compensation practices significantly differ between CEOs and other top executives
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- Raghuram Rajan & Julie Wulf, 2003.
"The Flattening Firm: Evidence from Panel Data on the Changing Nature of Corporate Hierarchies,"
NBER Working Papers
9633, National Bureau of Economic Research, Inc.
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- Titman, Sheridan & Wessels, Roberto, 1988. " The Determinants of Capital Structure Choice," Journal of Finance, American Finance Association, vol. 43(1), pages 1-19, March.
- George P. Baker & Brian J. Hall, 1998. "CEO Incentives and Firm Size," NBER Working Papers 6868, National Bureau of Economic Research, Inc.
- Marianne Bertrand & Kevin F. Hallock, 2000. "The Gender Gap in Top Corporate Jobs," NBER Working Papers 7931, National Bureau of Economic Research, Inc.
- Bartlett, Robin L & Miller, Timothy I, 1985. "Executive Compensation: Female Executives and Networking," American Economic Review, American Economic Association, vol. 75(2), pages 266-70, May.
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