 Do gender differences persist? An examination of gender diversity on firm performance, risk, and executive compensationAlexa A. Perryman, Guy D. Fernando and Arindam Tripathy Journal of Business Research, 2016, vol. 69, issue 2, 579-586 Abstract: Women have made great strides in recent years in climbing the corporate ladder, yet the current corporate landscape suggests that obstacles still exist before true gender equity is achieved. We investigate the impact of gender diversity in top management teams (TMTs) on firm performance and firm risk, in conjunction with examining the moderating effect of gender diversity on executive compensation. We find that firms with greater gender diversity in TMTs show lower risk and deliver better performance. In turn, female executives were found to be paid less than their male colleagues, even at the TMT level. However, as gender diversity in the TMT increases, compensation differences between the genders decrease. As such, we highlight a failure in the employment market place and also point to continuing challenges faced by female executives in their search for parity in TMTs. Keywords: Gender; Gender diversity; Firm performance; Executive compensation; Risk (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:eee:jbrese:v:69:y:2016:i:2:p:579-586 DOI: 10.1016/j.jbusres.2015.05.013 Access Statistics for this article Journal of Business Research is currently edited by A. G. Woodside More articles in Journal of Business Research from Elsevier |
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