Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/106545 
Year of Publication: 
2014
Series/Report no.: 
IZA Discussion Papers No. 8602
Publisher: 
Institute for the Study of Labor (IZA), Bonn
Abstract: 
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 under-representation 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%.
Subjects: 
executives' gender
gender gap
firm performance
glass ceiling
statistical discrimination
JEL: 
M5
M12
J7
J16
Document Type: 
Working Paper

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