Repositório Colecção: ComunicaçõesComunicaçõeshttps://hdl.handle.net/1822/10652024-03-29T15:36:02Z2024-03-29T15:36:02ZFinancing constraints, executive pay and gender inequalityFerreira, PriscilaFernandes, Ana P.https://hdl.handle.net/1822/615292019-09-26T10:54:25ZTítulo: Financing constraints, executive pay and gender inequality
Autor: Ferreira, Priscila; Fernandes, Ana P.
Resumo: This paper investigates the effect of financing constraints following the 2008-9 financial crisis on executive pay and gender inequality. We use linked employer-employee data for the universe of private sector firms, and exploit pre-crisis variation in financial vulnerability across industries for identification. We find that the crisis had a negative effect on executive compensation and that firms in financially more constrained industries reduce the gender pay gap and increase the share of females in executive positions after the crisis. There is no evidence of an effect of the crisis on the pay-performance sensitivity. We also find that a higher share of female managers within firms is associated with higher sales and lower exit probability, both before and after the crisis. Our results suggest that the crisis induced firms in more financially constrained industries, who needed to perform better, to value more highly female managerial styles.
<b>Tipo</b>: oralPresentationFinancing constraints, executive pay and gender inequalityFerreira, PriscilaFernandes, Ana P.https://hdl.handle.net/1822/611172021-02-18T16:47:00ZTítulo: Financing constraints, executive pay and gender inequality
Autor: Ferreira, Priscila; Fernandes, Ana P.
<b>Tipo</b>: panelPresentationFinancing constraints, executive pay and gender inequalityFernandes, Ana P.Ferreira, Priscilahttps://hdl.handle.net/1822/606672021-02-18T16:37:48ZTítulo: Financing constraints, executive pay and gender inequality
Autor: Fernandes, Ana P.; Ferreira, Priscila
Resumo: This paper investigates the effect of financing constraints following the 2008-9 financial crisis on executive pay and gender inequality. We use linked employer-employee data for the universe of private sector firms in Portugal, and exploit pre-crisis variation in financial vulnerability across industries for identification. We find that the crisis had a negative effect on executive compensation and that firms in financially more constrained industries reduce the gender pay gap and increase the share of females in executive positions after the crisis. There is no evidence of an effect of the crisis on the pay-performance sensitivity. We also find that a higher share of female managers within firms is associated with higher sales and lower exit probability, both before and after the crisis. Our results suggest that the crisis induced firms in more financially constrained industries, who needed to perform better, to value more highly female managerial styles.
<b>Tipo</b>: panelPresentationProduct market competition and gender discriminationFerreira, PriscilaFernandes, Ana P.Cooke, Dudleyhttps://hdl.handle.net/1822/552192018-07-03T12:32:58ZTítulo: Product market competition and gender discrimination
Autor: Ferreira, Priscila; Fernandes, Ana P.; Cooke, Dudley
<b>Tipo</b>: oralPresentationWorkers, firms, mobility and wages[: econometric analyses using linked employer-employee data]Ferreira, Priscilahttps://hdl.handle.net/1822/458962017-06-12T09:24:14ZTítulo: Workers, firms, mobility and wages[: econometric analyses using linked employer-employee data]
Autor: Ferreira, Priscila
Resumo: Keynote Speech at the 9th International Conference of Panel Data Users in Switzerland
Descrição: Apresentação efetuada no 9th International Conference of Panel Data Users in Switzerland, em Lausanne, 2017 ; "Based on the paper The effect of competition on executive compensation and incentives: evidence from a quasi-natural experiment"
<b>Tipo</b>: oralPresentation