Kalogeraki, Olga and Georgakakis, Dimitrios (2022) Friend or Foe? CEO gender, political ideology, and gender-pay disparities in executive compensation. Long Range Planning. 102126. ISSN 0024-6301
Abstract
Do female CEOs reduce gender-pay disparities in top management teams (TMTs)? Some scholars draw on social identity theory to argue that, as individuals tend to identify with and support their in-groups, appointing a female corporate leader (i.e., CEO) will mitigate the gender-pay gap among executives. Yet, others draw on the queen-bee syndrome to postulate that some female CEOs may rather strengthen gender-pay disparities in upper echelons – by favoring out-groups (male) more than their in-groups (female). We bring together these opposing theoretical arguments to develop a ‘beyond CEO gender’ perspective, arguing that the effects of CEO gender on TMT gender-pay disparities should be considered in conjunction with the corporate leaders' values – as reflected by their political ideology. Our research demonstrates that conservative-female CEOs compensate female (versus male) executives lower compared to all other CEO gender-ideology categories (i.e., female-liberal CEOs, male-liberal CEOs, and male-conservative CEOs). Overall, our work contributes to theory on the CEO-TMT interface by highlighting the role of the CEO as the ‘architect’ of executive remuneration.
Metadata
Item Type: | Article |
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Authors/Creators: |
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Copyright, Publisher and Additional Information: | © 2021 Elsevier Ltd. Funding Information: We thank Bert Cannella, Peder Greve, Martin Hilb, and Winfried Ruigrok for their help, feedback and discussions at earlier stages of this paper's development. |
Keywords: | CEO-TMT interface,Executive compensation,Queen-bee syndrome,Social identity theory |
Dates: |
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Institution: | The University of York |
Academic Units: | The University of York > Faculty of Social Sciences (York) > The York Management School |
Depositing User: | Pure (York) |
Date Deposited: | 16 Nov 2022 18:00 |
Last Modified: | 05 Jan 2025 00:33 |
Published Version: | https://doi.org/10.1016/j.lrp.2021.102126 |
Status: | Published |
Refereed: | Yes |
Identification Number: | 10.1016/j.lrp.2021.102126 |
Related URLs: | |
Open Archives Initiative ID (OAI ID): | oai:eprints.whiterose.ac.uk:193487 |
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Description: Friend or Foe? CEO gender, political ideology, and gender-pay disparities in executive compensation
Licence: CC-BY-NC-ND 2.5