Closing the gender gap in top management teams: An examination of diversity and compensation parity in family and non-family firms

IF 9.5 1区 管理学 Q1 BUSINESS
Shalini Sarin Jain , Guy D. Fernando , Arindam Tripathy , Sandhya Bhatia
{"title":"Closing the gender gap in top management teams: An examination of diversity and compensation parity in family and non-family firms","authors":"Shalini Sarin Jain ,&nbsp;Guy D. Fernando ,&nbsp;Arindam Tripathy ,&nbsp;Sandhya Bhatia","doi":"10.1016/j.jfbs.2020.100388","DOIUrl":null,"url":null,"abstract":"<div><p>This study examines gender equity – representation and compensation in top management – in listed family and non-family firms in the U.S. We integrate diversity, gender, and family firm perspectives, to understand how family firms vary from their non-family peers when making strategic choices about achieving gender parity in executive positions. Our empirical analyses confirm that family firms lag non-family firms in gender representation, suggesting they do not fully harness the potential advantages of female leadership. Our novel finding, however, is that family firms are successful in attenuating the gender compensation gap in their top management teams. Our results illustrate how family firms leverage their distinct ‘familial’ features to both preserve their socioemotional wealth and add to their inimitable resource cache, while also being socially responsible on a societal level. This study advances our understanding of the important role of ownership structure in bridging the persistent gender equity divide.</p></div>","PeriodicalId":47661,"journal":{"name":"Journal of Family Business Strategy","volume":null,"pages":null},"PeriodicalIF":9.5000,"publicationDate":"2021-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1016/j.jfbs.2020.100388","citationCount":"7","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Journal of Family Business Strategy","FirstCategoryId":"91","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S1877858520301157","RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"BUSINESS","Score":null,"Total":0}
引用次数: 7

Abstract

This study examines gender equity – representation and compensation in top management – in listed family and non-family firms in the U.S. We integrate diversity, gender, and family firm perspectives, to understand how family firms vary from their non-family peers when making strategic choices about achieving gender parity in executive positions. Our empirical analyses confirm that family firms lag non-family firms in gender representation, suggesting they do not fully harness the potential advantages of female leadership. Our novel finding, however, is that family firms are successful in attenuating the gender compensation gap in their top management teams. Our results illustrate how family firms leverage their distinct ‘familial’ features to both preserve their socioemotional wealth and add to their inimitable resource cache, while also being socially responsible on a societal level. This study advances our understanding of the important role of ownership structure in bridging the persistent gender equity divide.

缩小高层管理团队中的性别差距:对家族企业和非家族企业多样性和薪酬平等的考察
本研究考察了美国上市家族企业和非家族企业的性别平等——高管的代表性和薪酬——我们整合了多样性、性别和家族企业的观点,以了解家族企业在做出实现高管职位性别平等的战略选择时,与非家族企业有何不同。我们的实证分析证实,家族企业在性别代表性方面落后于非家族企业,这表明它们没有充分利用女性领导的潜在优势。然而,我们的新发现是,家族企业成功地缩小了其高层管理团队中的性别薪酬差距。我们的研究结果说明了家族企业如何利用其独特的“家族”特征,既保留了他们的社会情感财富,又增加了他们独特的资源储备,同时在社会层面上承担了社会责任。这项研究促进了我们对股权结构在弥合持续存在的性别平等鸿沟方面的重要作用的理解。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
求助全文
约1分钟内获得全文 求助全文
来源期刊
CiteScore
11.40
自引率
19.40%
发文量
53
期刊介绍: The Journal of Family Business Strategy takes an international perspective, providing a platform for research that advances our understanding of family businesses. Welcoming submissions across various dimensions, the journal explores the intricate interplay between family dynamics and business operations, contributing new insights to this specialized field.
×
引用
GB/T 7714-2015
复制
MLA
复制
APA
复制
导出至
BibTeX EndNote RefMan NoteFirst NoteExpress
×
提示
您的信息不完整,为了账户安全,请先补充。
现在去补充
×
提示
您因"违规操作"
具体请查看互助需知
我知道了
×
提示
确定
请完成安全验证×
copy
已复制链接
快去分享给好友吧!
我知道了
右上角分享
点击右上角分享
0
联系我们:info@booksci.cn Book学术提供免费学术资源搜索服务,方便国内外学者检索中英文文献。致力于提供最便捷和优质的服务体验。 Copyright © 2023 布克学术 All rights reserved.
京ICP备2023020795号-1
ghs 京公网安备 11010802042870号
Book学术文献互助
Book学术文献互助群
群 号:481959085
Book学术官方微信