Conference Agenda

Overview and details of the sessions of this conference. Please select a date or location to show only sessions at that day or location. Please select a single session for detailed view (with abstracts and downloads if available).

Please note that all times are shown in the time zone of the conference. The current conference time is: 13th May 2024, 11:10:52pm EDT

 
 
Session Overview
Session
Track W8-6: Allocative and Value Effects of ESG
Time:
Wednesday, 22/May/2024:
2:45pm - 3:30pm

Session Chair: Pedro Matos, University of Virginia Darden School of Business
Discussant: Isaac Hacamo, Indiana University
Location: Room 1203


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Presentations

Peer Effects and the Gender Gap in Corporate Leadership: Evidence from MBA Students

Menaka Hampole1, Francesca Truffa2, Ashley Wong3

1Yale; 2Stanford; 3Tilburg

Women continue to be underrepresented in corporate leadership positions. This paper studies the role of social connections in women's career advancement. We investigate whether access to a larger share of female peers in business school affects the gender gap in senior managerial positions. Merging administrative data from a top-10 US business school with public LinkedIn profiles, we first document that female MBAs are 24 percent less likely than male MBAs to enter senior management within 15 years of graduation. Next, we use the random assignment of students into sections to show that a larger proportion of female MBA section peers increases the likelihood of entering senior management for women but not for men. This effect is driven by female-friendly firms, such as those with more generous maternity leave policies and greater work schedule flexibility. A larger proportion of female MBA peers induces women to transition to these firms where they attain senior management roles. We find suggestive evidence that some of the mechanisms behind these results include job referrals and gender-specific information transmission. These findings highlight the role of social connections in reducing the gender gap in senior management positions.


Hampole-Peer Effects and the Gender Gap in Corporate Leadership-1653.pdf


 
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