Does board composition affect the gender pay gap?

Ahamed, M Mostak, Wen, Jie and Gupta, Namita (2019) Does board composition affect the gender pay gap? Economics Letters, 184. ISSN 0165-1765

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Abstract

By matching a unique firm-level gender pay gap (GPG) data with the corporate board- and firm-characteristics, we find that firms with the presence of foreign directors on board reduce the GPG of the firms in Britain. This result is more pronounced with the profitable firms, and with those that have less than 5,000 employees.The findings suggest that policymakers’ emphasis on achieving diversity on the corporate board may also help improve equality in pay.

Item Type: Article
Additional Information: JEL classification: G30; J31; J33
Keywords: Gender pay gap Board nationality British firms Pay equality Board governance
Schools and Departments: School of Business, Management and Economics > Business and Management
Research Centres and Groups: Business and Finance Research Group
Subjects: H Social Sciences > HD Industries. Land use. Labour > HD4801 Labour. Work. Working class
H Social Sciences > HD Industries. Land use. Labour > HD4801 Labour. Work. Working class > HD4909 Wages
H Social Sciences > HG Finance > HG4001 Finance management. Business finance. Corporation finance
Depositing User: M. Mostak Ahamed
Date Deposited: 23 Aug 2019 14:32
Last Modified: 23 Aug 2019 16:30
URI: http://sro.sussex.ac.uk/id/eprint/85638

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