Politics and Gender in the Executive Suite / Alma Cohen, Moshe Hazan, David Weiss.

Format:

Book

Author/Creator:

Cohen, Alma.

Contributor:

National Bureau of Economic Research.

Hazan, Moshe.

Weiss, David.

Series:

Working Paper Series (National Bureau of Economic Research) no. w28893.

NBER working paper series no. w28893

Language:

English

Physical Description:

1 online resource: illustrations (black and white);

Place of Publication:

Cambridge, Mass. National Bureau of Economic Research 2021.

Summary:

Are the political preferences of CEOs associated with the representation and compensation of women in the executive suite? We find that Democratic CEOs (those who contribute more to Democratic candidates) are associated with higher representation of women in the executive suite. To explore causality, we use an event study approach and show that replacing a Republican with a Democratic CEO is associated with 20%-60% in more women in the executive suite. Finally, we show that Democratic CEOs associated with a significant reduction (or even disappearance) of the gender gap in the level and performance-sensitivity of executive pay.

Notes:

Print version record

June 2021.