Female Leadership and Gender Equity: Evidence from Plant Closure
Geoffrey A. Tate
University of North Carolina Kenan-Flagler Business School
University of Maryland, R. H. Smith School of Business
August 31, 2013
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.
Number of Pages in PDF File: 46
Keywords: Corporate Culture, Managerial Style, Female Leadership, Gender Wage Gap
JEL Classification: G02, J16, J31, J71, M54
Date posted: August 4, 2011 ; Last revised: September 5, 2013
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