Is there a gender gap in CEO compensation?

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dc.contributor.author Bugeja, Martin en_US
dc.contributor.author Matolcsy, Zoltan en_US
dc.contributor.author Spiropoulos, Helen en_US
dc.contributor.editor en_US
dc.date.accessioned 2012-10-12T03:35:02Z
dc.date.available 2012-10-12T03:35:02Z
dc.date.issued 2012 en_US
dc.identifier 2011005926 en_US
dc.identifier.citation Bugeja Martin, Matolcsy Zoltan, and Spiropoulos Helen 2012, 'Is there a gender gap in CEO compensation?', Elsevier BV, North-Holland, vol. 18, no. 4, pp. 849-859. en_US
dc.identifier.issn 0929-1199 en_US
dc.identifier.other C1 en_US
dc.identifier.uri http://hdl.handle.net/10453/18854
dc.description.abstract The gender pay gap generates significant political and social debate. This study contributes to this discussion by examining if a gender pay gap exists at the highest level of corporate management, the CEOs. While previous studies have documented a gender pay gap for most levels of executives the findings with respect to CEOs are conflicting. In this paper we focus only on CEO's as it is the most homogenous of executive roles and does not require us to assume that executives with similar titles undertake identical roles. Our evidence is based on 291 US firm-years for the period of 1998-2010. We do not find any association between CEO pay and gender using both the total sample and a sample matched using propensity scores to control for firm characteristics. These insignificant results hold for total pay, salary and bonuses, and for different matching procedures and econometric specifications. Our results therefore indicate that women who rise through the "glass ceiling" to the level of CEO are remunerated at similar levels to their male counterparts. en_US
dc.language en_US
dc.publisher Elsevier BV, North-Holland en_US
dc.relation.hasversion Accepted manuscript version en_US
dc.relation.isbasedon http://dx.doi.org/10.1016/j.jcorpfin.2012.06.008 en_US
dc.rights NOTICE: this is the author’s version of a work that was accepted for publication in Journal of Corporate Finance. Changes resulting from the publishing process, such as peer review, editing, corrections, structural formatting, and other quality control mechanisms may not be reflected in this document. Changes may have been made to this work since it was submitted for publication. A definitive version was subsequently published in Journal of Corporate Finance, [Volume 18, Issue 4, September 2012, Pages 849–859] DOI# http://dx.doi.org/10.1016/j.jcorpfin.2012.06.008 en_US
dc.title Is there a gender gap in CEO compensation? en_US
dc.parent Journal of Corporate Finance en_US
dc.journal.volume 18 en_US
dc.journal.number 4 en_US
dc.publocation Netherlands en_US
dc.identifier.startpage 849 en_US
dc.identifier.endpage 859 en_US
dc.cauo.name BUS.School of Accounting en_US
dc.conference Verified OK en_US
dc.for 150105 en_US
dc.personcode 106487 en_US
dc.personcode 820027 en_US
dc.personcode 104203 en_US
dc.percentage 50 en_US
dc.classification.name Management Accounting en_US
dc.classification.type FOR-08 en_US
dc.edition en_US
dc.custom en_US
dc.date.activity en_US
dc.location.activity en_US
dc.description.keywords Compensation; Gender en_US
dc.staffid en_US
dc.staffid 104203 en_US


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