Full Citation

Title: The Origins and Real Effects of the Gender Gap: Evidence from CEOs' Formative Years

Citation Type: Miscellaneous

Publication Year: 2018

ISBN:

ISSN:

DOI: 10.2139/ssrn.3171292

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Abstract: CEOs allocate more investment capital to male managers than to female managers in the same divisions. Using data from individual Census records, we find that this gender gap is driven by CEOs who grew up in male-dominated families — those where the father was the only income earner and had more education than the mother. The gender gap also increases for CEOs who attended all-male high schools and grew up in neighborhoods with greater gender inequality. The effect of gender on capital budgeting introduces frictions and erodes investment efficiency. Overall, the gender gap originates in CEO preferences developed during formative years and produces significant real effects.

Url: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3171292

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Authors: Duchin, Ran; Simutin, Mikhail; Sosyura, Denis

Publisher: University of Washington

Data Collections: IPUMS USA

Topics: Gender, Labor Force and Occupational Structure

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