1、6900 英文单词, 3.7 万英文字符 ,中文 1.2 万字 文献出处: Mohan, Nancy. A review of the gender effect on pay, corporate performance and entry into top managementJ. International Review of Economics & Finance, 2014, 34:41-51. A review of the gender effect on pay, corporate performance and entry into top management Nancy
2、 Mohan Abstract The frequency of women occupying the CEO ofce has increased but remains at low levels, less than 5% for the Fortune 500 companies. Several studies during the last decade consider the barriers that women may face when competing for top management positions. Other research examines pot
3、ential compensation differences. More recently, some researchers show that CEO gender could affect corporate performance. This review paper summarizes these ndings and suggests areas where more inquiry is needed to resolve conicting results. Keywords: Gender; CEO; Top management; Compensation; Manag
4、ement style 1. Introduction There are two undisputed facts concerning women CEOs. First, there are few. Second, when comparing compensation by simple averages, women CEOs earn less money. In large publicly traded U.S. companies, female CEO compensation is 88% of male CEO compensation. If the sample
5、of rms is widened to include smaller companies, then average female CEO pay is 84% of male CEO pay.Much empirical research during the last decade considers both the frequency of women CEOs and their lower pay. From the demand perspective, is there a discrimination hurdle for women to jump? From the
6、supply side perspective, do women have alternative forms of human capital which are valued more highly? Or are there behavioral differences, such as lower preferences for risk and competition, which explain fewer women CEOs? In a recent book Sheryl Sandberg, COO of Facebook, suggests that behavioral factors are at play. She encourages women to accept risky challenges instead of instinctively holding back and offers an anecdote from her career to illustrate. When Mark Zuckerberg offered