Politics and Gender in the Executive Suite

Alma Cohen, Moshe Hazan (hazan.moshe@gmail.com) and David Weiss

No 28893, NBER Working Papers from National Bureau of Economic Research, Inc

Abstract: Are the political preferences of CEOs associated with the representation and compensation of women in the executive suite? We find that Democratic CEOs (those who contribute more to Democratic candidates) are associated with higher representation of women in the executive suite. To explore causality, we use an event study approach and show that replacing a Republican with a Democratic CEO is associated with 20%-60% in more women in the executive suite. Finally, we show that Democratic CEOs associated with a significant reduction (or even disappearance) of the gender gap in the level and performance-sensitivity of executive pay.

JEL-codes: G30 J16 J30 M12 M14 M51 (search for similar items in EconPapers)
Date: 2021-06
New Economics Papers: this item is included in nep-hrm, nep-lab, nep-ore and nep-pol
Note: CF LE POL
References: Add references at CitEc
Citations: View citations in EconPapers (3)

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Working Paper: Politics and Gender in the Executive Suite (2021)
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