TY  - RPRT
        AU  - Flabbi, Luca
AU  - Macis, Mario
AU  - Moro, Andrea
AU  - Schivardi, Fabiano
        TI  - Do Female Executives Make a Difference? The Impact of Female Leadership on Gender Gaps and Firm Performance
        PY  - 2014/Oct/
        PB  - Institute of Labor Economics (IZA)
        CY  - Bonn
        T2  - IZA Discussion Paper
        IS  - 8602
        UR  - https://www.iza.org/index.php/publications/dp8602
        AB  - We analyze a matched employer-employee panel data set and find that female leadership has a positive effect on female wages at the top of the distribution, and a negative one at the bottom. Moreover, performance in firms with female leadership increases with the share of female workers. This evidence is consistent with a model where female executives are better equipped at interpreting signals of productivity from female workers. This suggests substantial costs of under-representation of women at the top: for example, if women became CEOs of firms with at least 20% female employment, sales per worker would increase 6.7%.
        KW  - glass ceiling
KW  - firm performance
KW  - gender gap
KW  - executives' gender
KW  - statistical discrimination
        ER  -