You're Fired! Gender Disparities in CEO Dismissal
You're Fired! Gender Disparities in CEO Dismissal
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DOI：
10.1177/0149206318810415
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发表时间：
2020-04-01
影响因子：
13.5
通讯作者：
Turban, Daniel B.
中科院分区：
文献类型：
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作者：
Gupta, Vishal K.;Mortal, Sandra C.;Turban, Daniel B.
首席执行官的解雇会引起相当大的关注，大概是因为解雇首席执行官的决定往往会引起人们的关注、公众的关注和阴谋。为了推进对CEO解雇的学术理解，我们研究了CEO性别是否会影响解雇的可能性。我们的理论和发现，在其他条件不变的情况下，女性CEO比男性CEO更容易被解雇。也许更重要的是，我们发现一个CEO的性别，公司业绩的相互作用，男性CEO是不太可能被解雇时，公司业绩高（相比，当它是低），而女性CEO有一个类似的水平解雇的可能性，无论公司业绩。值得注意的是，我们的研究结果对多种分析技术和各种计量经济学规范都很稳健，这为我们的研究结果的有效性带来了更大的可信度。最后，对未来的研究方向进行了展望。
CEO dismissals attract considerable attention, presumably because of the visibility, publicity, and intrigue that often surrounds the decision to fire the CEO. With the goal of advancing scholarly understanding of CEO dismissals, we examine whether CEO gender influences the likelihood of dismissal. We theorize and find that ceteris paribus, female CEOs are significantly more likely to be dismissed than male CEOs. Perhaps even more importantly, we find a CEO gender by firm performance interaction such that male CEOs are less likely to be dismissed when firm performance is high (compared to when it is low), whereas female CEOs have a similar level of dismissal likelihood regardless of firm performance. Notably, our results are robust to multiple analytical techniques and various econometric specifications, bringing greater credence to the validity of our findings. Implications and directions for future research are also discussed.