Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/175048 
Year of Publication: 
2016
Series/Report no.: 
IFN Working Paper No. 1111
Publisher: 
Research Institute of Industrial Economics (IFN), Stockholm
Abstract: 
This paper uses exceptionally rich data on Swedish corporate executives and their personal characteristics to study gender gaps in CEO appointments and pay. Both gaps are sizeable: 18% for CEO appointments and 27% for pay. At most one-eight of the gaps can be attributed to observable gender differences in executives' and their firms' characteristics. Further tests suggest that unobservable gender differences in characteristics are unlikely to account for the remaining gaps. Instead, our results are consistent with the view that male and female executives sharing equal attributes neither have equal opportunities to reach the top, nor are they equally paid.
Subjects: 
CEOs
Compensation
Discrimination
Executives
Gender differences
JEL: 
G34
J16
J24
J31
Document Type: 
Working Paper

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