skip to content
Diagnosing discrimination : stock returns and CEO gender Preview this item
ClosePreview this item
Checking...

Diagnosing discrimination : stock returns and CEO gender

Author: Justin Wolfers; National Bureau of Economic Research.
Publisher: Cambridge, Mass. : National Bureau of Economic Research, 2006.
Series: Working paper series (National Bureau of Economic Research), no. 11989.
Edition/Format:   eBook : Document : EnglishView all editions and formats
Database:WorldCat
Summary:
Abstract: A vast labor literature has found evidence of a "glass ceiling", whereby women are under-represented among senior management. A key question remains the extent to which this reflects unobserved differences in productivity, preferences, prejudice, or systematically biased beliefs about the ability of female managers. Disentangling these theories would require data on productivity, on the preferences of  Read more...
Rating:

(not yet rated) 0 with reviews - Be the first.

Subjects
More like this

 

Find a copy in the library

&AllPage.SpinnerRetrieving; Finding libraries that hold this item...

Details

Material Type: Document, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: Justin Wolfers; National Bureau of Economic Research.
OCLC Number: 63253949
Notes: January 2006.
Cover title.
Description: 1 online resource (1 v.)
Series Title: Working paper series (National Bureau of Economic Research), no. 11989.
Responsibility: Justin Wolfers.

Abstract:

Abstract: A vast labor literature has found evidence of a "glass ceiling", whereby women are under-represented among senior management. A key question remains the extent to which this reflects unobserved differences in productivity, preferences, prejudice, or systematically biased beliefs about the ability of female managers. Disentangling these theories would require data on productivity, on the preferences of those who interact with managers, and on perceptions of productivity. Financial markets provide continuous measures of the market's perception of the value of firms, taking account of the beliefs of market participants about the ability of men and women in senior management. As such, financial data hold the promise of potentially providing insight into the presence of mistake-based discrimination. Specifically if female-headed firms were systematically under-estimated, this would suggest that female-headed firms would outperform expectations, yielding excess returns. Examining data on S&P 1500 firms over the period 1992-2004 I find no systematic differences in returns to holding stock in female-headed firms, although this result reflects the weak statistical power of our test, rather than a strong inference that financial markets either do or do not under-estimate female CEOs

Reviews

User-contributed reviews
Retrieving GoodReads reviews...
Retrieving DOGObooks reviews...

Tags

Be the first.
Confirm this request

You may have already requested this item. Please select Ok if you would like to proceed with this request anyway.

Linked Data


<http://www.worldcat.org/oclc/63253949>
library:oclcnum"63253949"
library:placeOfPublication
library:placeOfPublication
owl:sameAs<info:oclcnum/63253949>
rdf:typeschema:Book
schema:about
<http://id.worldcat.org/fast/895050>
rdf:typeschema:Intangible
schema:name"Discrimination in employment"@en
schema:name"Discrimination in employment."@en
schema:about
schema:about
schema:about
schema:about
schema:about
schema:about
schema:about
schema:bookFormatschema:EBook
schema:contributor
schema:creator
schema:datePublished"2006"
schema:exampleOfWork<http://worldcat.org/entity/work/id/47431398>
schema:inLanguage"en"
schema:name"Diagnosing discrimination stock returns and CEO gender"@en
schema:publisher
schema:url<http://0-papers.nber.org.biblio.eui.eu/papers/>
schema:url
schema:url<http://papers.nber.org/papers/w11989>

Content-negotiable representations

Close Window

Please sign in to WorldCat 

Don't have an account? You can easily create a free account.