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CEO Gender, Ideology, and the Gender-Pay Gap in Top Management Teams

Kalogeraki, Olga, Georgakakis, Dimitrios and Ruigrok, Winfried (2020) CEO Gender, Ideology, and the Gender-Pay Gap in Top Management Teams. Academy of Management Proceedings, 2020 (1). p. 19066.

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Abstract

How does the presence of a female CEO affect the gender-pay gap in organizational upper echelons? Drawing on social identity theory, some scholars note that female CEOs are more likely to eliminate gender-pay differences among executives. Yet, others adopt a queen- bee perspective to argue that female CEOs may rather strengthen the gender-pay gap in the executive team. In this study, we reconcile these opposing streams of thought to argue that whether female CEOs will reduce (or strengthen) top management team (TMT) gender-pay differences will depend on their political ideology. Our findings demonstrate that conservative-female CEOs are likely to promote a higher TMT gender-pay gap compared to all other CEO gender-ideology categories (i.e., male-conservatives, male-liberals and female- liberals). This suggests that hiring a female CEO does not necessarily imply that the firm will overcome gender-pay-gap tendencies. Instead, it may rather strengthen such tendencies – depending on the CEO’s values and ideology."

Item Type: Article
Status: Published
DOI: 10.5465/AMBPP.2020.204
School/Department: York Business School
URI: https://ray.yorksj.ac.uk/id/eprint/10736

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