Is there still a gender effect on CEO compensation?

Dorota Leszczyńska () and Jean-Louis Chandon
Additional contact information
Dorota Leszczyńska: GREDEG - Groupe de Recherche en Droit, Economie et Gestion - UNS - Université Nice Sophia Antipolis (1965 - 2019) - CNRS - Centre National de la Recherche Scientifique - UniCA - Université Côte d'Azur

Post-Print from HAL

Abstract: Purpose Do female CEOs face a compensation gap? The purpose of this paper is to examine whether gender affects the total compensation of today's CEOs, and whether it moderates ten factors influencing their total compensation. Design/methodology/approach Taking the 54 female CEOs cited in the US 2014 Fortune's 1000 report, a matched sample of male CEOs was selected, matched according to the crosstab of age by education and by the sizes of the companies directed by these female CEOs. Findings Using four years' worth of Fortune reports, between 2013 and 2016, this matched sample indicates that female CEOs are not discriminated against in terms of total compensation. However, eight factors do show a significant effect on total compensation. Using moderation analysis, the present study reveals how gender interacts with company size, sector, membership of outside boards and nature of previous experience. Research limitations/implications This paper addresses an important and under-researched gap, with contradictory findings in the existing literature, by compiling and testing the characteristics of male and female CEOs which are not cited in Fortune 1000 reports. Originality/value Arguably, this is therefore one of the first papers to study gender differences in total compensation among Fortune 1000 CEOs using a matched sample technique, based on a larger number of female CEOs and a larger number of years than any previous research.

Date: 2019-06-10
References: Add references at CitEc
Citations: View citations in EconPapers (2)

Published in Journal of Management Development, 2019, 38 (5), pp.336-356. ⟨10.1108/JMD-09-2018-0277⟩

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:halshs-03578380

DOI: 10.1108/JMD-09-2018-0277

Access Statistics for this paper

More papers in Post-Print from HAL
Bibliographic data for series maintained by CCSD ().