Corporate Leadership and Inherited Beliefs About Gender Roles

Some U.S. firms have women directors and executives, while many do not. We seek to explain this heterogeneity. Using U.S. Census data from 1900, we find that U.S. counties with populations originating from countries with stronger gender-egalitarian beliefs have more women in the labor market and in...

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Veröffentlicht in:Journal of financial and quantitative analysis 2023-12, Vol.58 (8), p.3274-3304
Hauptverfasser: McLean, R. David, Pirinsky, Christo, Zhao, Mengxin
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Pirinsky, Christo
Zhao, Mengxin
description Some U.S. firms have women directors and executives, while many do not. We seek to explain this heterogeneity. Using U.S. Census data from 1900, we find that U.S. counties with populations originating from countries with stronger gender-egalitarian beliefs have more women in the labor market and in STEM occupations, and lower gender-pay gaps. Firms headquartered in such counties have more women executives and directors. When firms move to more gender-egalitarian counties, the representation of women on board increases. Our findings are consistent with the idea that inherited beliefs about gender roles impact the labor market and corporate leadership.
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source Cambridge University Press Journals Complete; EBSCOhost Business Source Complete
subjects Censuses
Companies
Egalitarianism
Executives
Females
Gender
Gender roles
Labor force
Labor market
Leadership
Occupations
Sex roles
Women
Womens employment
title Corporate Leadership and Inherited Beliefs About Gender Roles
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