Chipping Away at the Glass Ceiling: Gender Spillovers in Corporate Leadership

  title={Chipping Away at the Glass Ceiling: Gender Spillovers in Corporate Leadership},
  author={David A. Matsa and Amalia R. Miller},
  journal={O\&M: Personnel Management eJournal},
This paper examines the role of women helping women in corporate America. Using a merged panel of directors and executives for large U.S. corporations between 1997 and 2009, we find a positive association between the female share of the board of directors in the previous year and the female share among current top executives. The relationship’s timing suggests that causality runs from boards to managers and not the reverse. This pattern of women helping women at the highest levels of firm… 

A Female Style in Corporate Leadership? Evidence from Quotas

This paper studies the impact of gender quotas for corporate board seats on corporate decisions. We examine the introduction of Norway's 2006 quota, comparing affected firms to other Nordic

Does cooperation of women in top positions enhance or impede firm performance?

Based on the notion that women cooperate more with women than with men, we investigate whether the cooperation among women at the top of corporate hierarchy in China affects firm performance. We show

Gender spillovers from supervisory boards to management boards

This study investigates gender spillovers from women on supervisory boards to women on management boards in a two-tier system with employee codetermination. The supervisory board consists of a

Intra-Firm Hierarchies and Gender Gaps

Abstract We study how changes in female representation at the top of a firm’s organisation affect gender-specific outcomes across hierarchies within firms. We start by developing a theoretical model

Resistance to Change in the Corporate Elite: Female Directors’ Appointments onto Nordic Boards

In this empirical study, we investigate the variation in firms’ response to institutional pressure for gender-balanced boards, focusing specifically on the preservation of prevailing practices of

Female Leadership and Gender Gap within Firms: Evidence from an Italian Board Reform

The authors evaluate a 2011 Italian law that installed a step-wise increase in gender quota that remains effective for three consecutive board renewals of listed limited liability firms. They link

The Big Three and Board Gender Diversity: The Effectiveness of Shareholder Voice

In 2017, “The Big Three” institutional investors launched campaigns to increase gender diversity on corporate boards. We estimate that their campaigns led firms to add at least 2.5 times as many

Gender Diversity in Spanish Banks: Trickle-Down and Productivity Effects

The study of the gender composition of top management and its impact for organizations has received increasing attention during recent decades. Despite this, findings have been conflicting and few

Women in Charge: Evidence From Hospitals

The female share of chief executives in public firms has been persistently low, and as a result empirical studies of firms with female CEOs are rare. This paper examines a large sample of U.S.

Gender Diversity in Corporate Firms: A Literature Review

Gender diversity in the corporate firms, both at the board level and at the employee level, is getting greater attention from regulators and decision makers at corporate level. Many studies have



A Female Style in Corporate Leadership? Evidence from Quotas

This paper studies the impact of gender quotas for corporate board seats on corporate decisions. We examine the introduction of Norway's 2006 quota, comparing affected firms to other Nordic

Women in the Boardroom and Their Impact on Governance and Performance

We show that female directors have a significant impact on board inputs and firm outcomes. In a sample of US firms, we find that female directors have better attendance records than male directors,

The Gender Gap in Top Corporate Jobs

Using the ExecuComp data set, which contains information on the five highest-paid executives in each of a large number of U.S. firms for the years 1992–97, the authors examine the gender compensation

Boards of Directors as an Endogenously Determined Institution: A Survey of the Economic Literature

The authors identify the primary findings of the empirical literature on boards of directors. Typically, these studies have sought to answer one of the following questions: How are the

Women-Led Firms and the Gender Gap in Top Executive Jobs

  • L. Bell
  • Economics
    SSRN Electronic Journal
  • 2005
Using data on Executive Compensation from Standard and Poor's ExecuComp, this paper explores the gender gap in top executive jobs and the effect of women CEOs, Chairs, and Directors on the pay of

Men are from Mars, Women are from Venus: Gender and Mergers and Acquisitions

This paper examines the association between female director representation on corporate boards and mergers and acquisitions (M&As). Using acquisition bids initiated by the S&P 1500 firms during

Dynamics of the Gender Gap for Young Professionals in the Financial and Corporate Sectors

The careers of MBAs from a top US business school are studied to understand how career dynamics differ by gender. Although male and female MBAs have nearly identical earnings at the outset of their

Endogenously Chosen Boards of Directors and Their Monitoring of the CEO

How can boards be chosen through a process partially controlled by the CEO, yet, in many instances, still be effective monitors of him? The authors offer an answer based on a model in which board

Beyond the Glass Ceiling: Does Gender Matter?

Using a large survey of directors, it is shown that female and male directors differ systematically in their core values and risk attitudes, but in ways that differ from gender differences in the general population.

The Gender Gap

Gender differences in political behavior are a source of ongoing interest for political pundits, campaign advisors, and students of American politics. In a closely divided nation, even small shifts