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- W3097183729 abstract "In the workplace, women are less likely than men to hold higher paying positions. We refer to this phenomenon as the gender position gap. While the gender position gap is an important problem that affects millions of women and their families, its implications for firms are unclear. In this paper, we examine the gender position gap of firm employees and its association with future firm performance. We use proprietary gender and salary data on employees that hold various positions within firms. We find that the gender position gap is wider for firms with larger female–male differences in human capital characteristics, fewer female leaders, and weaker monitoring. Firms with a larger gender position gap have poorer future performance. This negative association is stronger for firms that rely more on human capital. Firms with a larger gender position gap also have lower future stock returns, which suggests that investors do not fully utilize information about gender position gaps. Overall, our findings are consistent with the view that gender inequality can be detrimental to firm performance." @default.
- W3097183729 created "2020-11-09" @default.
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- W3097183729 date "2020-09-14" @default.
- W3097183729 modified "2023-09-23" @default.
- W3097183729 title "The Gender Position Gap and Firm Performance" @default.
- W3097183729 hasPublicationYear "2020" @default.
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