An Empirical Study on the Gender Differences in the Board Chairman/General Manager Salaries

Based on the social identity theory, this paper takes Chinese listed companies from 2011 to 2020 as samples to study the gender difference in the compensation level of chairman and general manager, and further explores the impact of company nature and industry type on the gender difference in compensation. The study found that the number and proportion of female chairmen and general managers in China have been stagnating since 2011, and there is still a gender pay gap among chairmen and general managers of listed companies in China, with men earning higher salaries. Company nature has a positive moderating effect on gender pay differences. China's state-owned enterprises are more equitable, and gender diversity in the industry has no obvious impact on gender pay differences.