Does board composition affect the gender pay gap?

M. Mostak Ahamed, Jie Wen and Namita Gupta

Economics Letters, 2019, vol. 184, issue C

Abstract: By matching a unique firm-level gender pay gap (GPG) data with the corporate board- and firm-characteristics, we find that firms with the presence of foreign directors on board reduce the GPG of the firms in Britain. This result is more pronounced with the profitable firms, and with those that have less than 5000 employees. The findings suggest that policymakers’ emphasis on achieving diversity on the corporate board may also help improve equality in pay.

Keywords: Gender pay gap; Board nationality; British firms; Pay equality; Board governance (search for similar items in EconPapers)
JEL-codes: G30 J31 J33 (search for similar items in EconPapers)
Date: 2019
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Citations: View citations in EconPapers (6)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:184:y:2019:i:c:s0165176519303076

DOI: 10.1016/j.econlet.2019.108624

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