TY - RPRT T1 - Do Female Executives Make a Difference? The Impact of Female Leadership on Gender Gaps and Firm Performance Y1 - 2014 A1 - Flabbi, L. A1 - Macis, M. A1 - Moro, A A1 - Schivardi, F. KW - executives’ gender KW - firm performance KW - gender bias KW - gender discrimination KW - gender gap KW - glass ceiling AB -

We analyze a matched employer-employee panel data set and find that female leadership has a positive effect on female wages at the top of the distribution, and a negative one at the bottom. Moreover, performance in firms with female leadership increases with the share of female workers. This evidence is consistent with a model where female executives are better equipped at interpreting signals of productivity from female workers. This suggests substantial costs of underrepresentation of women at the top: for example, if women became CEOs of firms with at least 20% female employment, sales per worker would increase 6.7%.

PB - Cornell University, ILR School, Institute for Compensation Studies CY - Ithaca, NY L2 - eng UR - http://digitalcommons.ilr.cornell.edu/ics/15/ ER -