Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/105162
Authors: 
Oehmichen, Jana
Sarry, Maximilian A.
Wolff, Michael
Year of Publication: 
2014
Citation: 
[Journal:] Business Research [ISSN:] 2198-2627 [Publisher:] Springer [Place:] Heidelberg [Volume:] 7 [Year:] 2014 [Issue:] 2 [Pages:] 351-380
Abstract: 
This paper examines the gender pay gap in top management teams and how it is affected by directors' embeddedness. We can reconfirm the result of previous studies that differences in managerial compensation between women and men exist, even after controlling for company properties and human capital attributes. Drawing on the language theory of discrimination, we then question how the embeddedness of directors-the actual deciders on executive compensation levels-affects the pay gap: embeddedness causing homophilous behavior resulting in a higher pay gap or directors using their network as knowledge source and decreasing the pay gap. We find evidence that knowledge effects outweigh potential homophily effects.
Subjects: 
Gender pay gap
Management compensation
Language theory of discrimination
Network embeddedness
Women on management boards
JEL: 
J31
M12
J16
G30
Persistent Identifier of the first edition: 
Creative Commons License: 
http://creativecommons.org/licenses/by/2.0/
Document Type: 
Article

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