Working for Female Managers: Gender Hierarchy in the Workplace
55 Pages Posted: 30 Jan 2010 Last revised: 14 Jun 2011
Date Written: March 12, 2010
We study workers’ reactions to changes in the gender composition of top management during a merger or acquisition, finding that an increase in the number of female top managers within their occupation makes male workers more likely to quit, and female workers less likely to quit. These effects vary across occupations, depending on the female share, and male workers’ aversion to female managers is strongest when the female share nears fifty percent. The effects also vary over time and with age, becoming smaller in more recent years and among younger males, but increase with education level. We find little evidence that these preferences are driven by pecuniary effects.
Keywords: Gender Diversity, Gender Quota, Similarity Attraction
JEL Classification: J16, J63, J78
Suggested Citation: Suggested Citation