Female leadership and gender equity: Evidence from plant closure

• 成果类型: Article
• 署名作者: Tate, Geoffrey; Yang, Liu
• 署名单位: University of North Carolina; University of North Carolina Chapel Hill; University System of Maryland; University of Maryland College Park
• 刊物名称: JOURNAL OF FINANCIAL ECONOMICS
• ISSN/ISSBN: 0304-405X
• DOI: 10.1016/j.jfineco.2014.01.004
• 发表日期: 2015
• 页码: 77-97
• 关键词: Corporate culture; Managerial style; Female leadership; Gender Wage Gap

摘要

We use unique worker-plant matched panel data to measure differences in wage changes experienced by workers displaced from closing plants. We observe larger losses among women than men, comparing workers who move from the same closing plant to the same new firm. However, we find a significantly smaller gap in hiring firms with female leadership. The results are strongest among women who are displaced from male-led plants and from less competitive industries. Our results suggest an important externality to having women in leadership positions: They cultivate more female-friendly cultures inside their firms. (C) 2015 Elsevier B.V. All rights reserved.