%0 Report
        %A Flabbi, Luca
%A Macis, Mario
%A Moro, Andrea
%A Schivardi, Fabiano
        %T Do Female Executives Make a Difference? The Impact of Female Leadership on Gender Gaps and Firm Performance
        %D 2014
        %8 2014 Oct
        %I Institute of Labor Economics (IZA)
        %C Bonn
        %7 IZA Discussion Paper
        %N 8602
        %U https://www.iza.org/publications/dp8602
        %X 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%.
        %K glass ceiling
%K firm performance
%K gender gap
%K executives' gender
%K statistical discrimination