Equity-Based Compensation and the Gender Pay Gap in Top Corporate Jobs

10 Pages Posted: 18 Sep 2009

See all articles by B. Burcin Yurtoglu

B. Burcin Yurtoglu

WHU - Otto Beisheim School of Management

Christine Zulehner

University of Vienna - Faculty of Business, Economics, and Statistics; Télécom Paris; Austrian Institute of Economic Research (WIFO); Centre for Economic Policy Research (CEPR)

Date Written: July 14, 2009

Abstract

We investigate the gender pay gap in top corporate jobs for 2001-2007 and report that female managers receive 19 percent less in total compensation than their male colleagues. Controlling for various characteristics reduces this difference to seven percent. While the gender pay gap is slightly below 5 percent for the fixed component, it is almost 10 percent for the equity-based compensation.

Keywords: gender pay gap, managerial compensation, equity-based compensation

JEL Classification: J31, G3

Suggested Citation

Yurtoglu, B. Burcin and Zulehner, Christine, Equity-Based Compensation and the Gender Pay Gap in Top Corporate Jobs (July 14, 2009). Available at SSRN: https://ssrn.com/abstract=1474738 or http://dx.doi.org/10.2139/ssrn.1474738

B. Burcin Yurtoglu

WHU - Otto Beisheim School of Management ( email )

Chair of Corporate Finance
Burgplatz 2
Vallendar, 56179
Germany
+49 261 6509-721 (Phone)
+49 261 6509-729 (Fax)

HOME PAGE: http://www.whu.edu/forschung/fakultaet/finance-group/corporate-finance/

Christine Zulehner (Contact Author)

University of Vienna - Faculty of Business, Economics, and Statistics ( email )

Oskar-Morgenstern-Platz 1
Wien, 1090
Austria

HOME PAGE: http://homepage.univie.ac.at/christine.zulehner

Télécom Paris ( email )

19 Place Marguerite Perey
Palaiseau, 91120
France

Austrian Institute of Economic Research (WIFO) ( email )

P.O. Box 91
Wien, A-1103
Austria

Centre for Economic Policy Research (CEPR) ( email )

London
United Kingdom

Do you have negative results from your research you’d like to share?

Paper statistics

Downloads
156
Abstract Views
1,083
Rank
341,746
PlumX Metrics