Women in Top Management and Job Self Selection
Women in Top Management and Job Self Selection
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女性担任高层管理人员和工作自我选择
DOI：
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发表时间：
2010
期刊：
影响因子：
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通讯作者：
S. Paul
中科院分区：
文献类型：
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作者：
Herman Sahni;S. Paul
我们利用 1994 年至 2002 年的大量上市公司样本，研究了女性高管更喜欢在哪些公司工作。我们发现，(1) 女性高管主要在高风险公司和高风险行业工作，(2) 女性 CEO 被解雇的概率较高，而女性非 CEO 高管（首席财务官、首席运营官和总裁）的任期一般较低，(3) 尽管解雇率较高或较低，但女性非 CEO 高管（首席财务官、首席运营官和总裁）的任期较短，并且存在显着的自我选择。在工作中的任期。与 Bertrand 和 Hallock (2001) 一致，我们发现，平均而言，女性高管的薪酬低于男性，这一结果主要是由女性在更安全的工作领域推动的。另一方面，风险领域的女性高管的薪酬与男性同行相当。对每位女性高管使用规模和行业男性高管基准，我们还发现薪酬差异随着工作风险的增加而缩小。
Using a large sample of publicly traded firms from 1994-2002, we study the type of firms that female executives prefer to work in. We find that (1) female executives predominantly work in high risk firms and in high risk industries, (2) female CEOs have higher dismissal probability and female non-CEO executives (CFO, COO and President), in general, have lower tenure at office, and (3) there is significant self selection for female to work in high risk segments despite higher dismissal rates or lower tenure at job. Consistent with Bertrand and Hallock (2001), we find that, on average, female executives are paid lower than men, a result that is mainly driven by female in safer work segments. On the other hand, female executives in risky segments have comparable pay to their male counterparts. Using a size and industry male executive benchmark for each female executive, we also show that pay differential diminishes with the increase in job risk.