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Sticky Floors and Glass Ceilings in Top Corporate Jobs

B. Burcin Yurtoglu

WHU - Otto Beisheim School of Management

Christine Zulehner

Johannes Kepler University Linz; Austrian Institute of Economic Research (WIFO)

September 9, 2009

Using data for the years 2001-2007 from the OSIRIS database on the total compensation for top executive officers of publicly listed US firms, the authors analyze the gender pay gaps across the distribution of total compensation. In the estimations, the authors control for individual and firm characteristics and find that the estimated pay gaps are larger at the bottom of the distribution than at the top of the distribution. The main determinant of this "sticky floor" effect is a manager's occupation pointing itself towards a "glass ceiling" effect.

Number of Pages in PDF File: 30

Keywords: Gender pay gap, managerial compensation, quantile regressions

JEL Classification: J31, G3

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Date posted: September 11, 2009  

Suggested Citation

Yurtoglu, B. Burcin and Zulehner, Christine, Sticky Floors and Glass Ceilings in Top Corporate Jobs (September 9, 2009). Available at SSRN: http://ssrn.com/abstract=1470860 or http://dx.doi.org/10.2139/ssrn.1470860

Contact Information

B. Burcin Yurtoglu
WHU - Otto Beisheim School of Management ( email )
Chair of Corporate Finance
Burgplatz 2
Vallendar, 56179
+49 261 6509-721 (Phone)
+49 261 6509-729 (Fax)
HOME PAGE: http://www.whu.edu/forschung/fakultaet/finance-group/corporate-finance/
Christine Zulehner (Contact Author)
Johannes Kepler University Linz ( email )
Altenbergerstrasse 69
Linz, A4040
HOME PAGE: http://www.econ.jku.at/Christine.Zulehner/
Austrian Institute of Economic Research (WIFO) ( email )
P.O. Box 91
Wien, A-1103
Feedback to SSRN

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