Peer Effects of All-Star Females

65 Pages Posted: 31 Aug 2018 Last revised: 17 Apr 2020

See all articles by Sima Jannati

Sima Jannati

University of Missouri-Columbia

Date Written: April 16, 2020


This paper studies how senior women's representation in the workplace leads to positive outcomes. I find that all-star female analysts positively affect the performance of their peers. Specifically, an increase in the number of all-star females in a brokerage spurs the future performance of other analysts in that brokerage. These results are not explained by unobserved factors that may affect analysts’ sorting behavior and performance. Analysts who cover firms in the same industry as all-star females experience a larger boost in their outcomes, suggesting that knowledge spillover is an economic channel through which all-star females affect their cohorts' performance.

Keywords: All-star females; peer effect; gender dispersion; sell-side analyst; analyst performance

JEL Classification: G00; G24; J00

Suggested Citation

Jannati, Sima, Peer Effects of All-Star Females (April 16, 2020). Available at SSRN: or

Sima Jannati (Contact Author)

University of Missouri-Columbia ( email )

401 Cornell Hall
United States

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