CEO Compensation, Pay Inequality, and the Gender Diversity of Bank Board of Directors

Owen, Ann L. and Temesvary, Judit (2018): CEO Compensation, Pay Inequality, and the Gender Diversity of Bank Board of Directors.

Abstract

Greater gender diversity on bank board of directors is associated with higher compensation inequality because CEOs at these banks have higher base salary. This effect disappears during the financial crisis, largely due to adjustment of non-salary compensation.

• Item Type: MPRA Paper
• Language: English
• Keywords: CEO compensation; gender diversity, board of directors
• Subjects: G - Financial Economics > G2 - Financial Institutions and Services > G21 - Banks ; Depository Institutions ; Micro Finance Institutions ; Mortgages; G - Financial Economics > G3 - Corporate Finance and Governance > G34 - Mergers ; Acquisitions ; Restructuring ; Corporate Governance; J - Labor and Demographic Economics > J3 - Wages, Compensation, and Labor Costs > J33 - Compensation Packages ; Payment Methods

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