Journal
BRQ-BUSINESS RESEARCH QUARTERLY
Volume -, Issue -, Pages -Publisher
SAGE PUBLICATIONS INC
DOI: 10.1177/23409444221125239
Keywords
Gender diversity; wage gap; quantile regression; glass ceiling; women-led firms
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Despite the increase in women in the labor market, equal pay for equal work remains a challenge, as shown in the study on Spain's gender wage gap (GWG) and its relationship to gender diversity in management positions. The results suggest that the GWG decreases with higher female participation in management, potentially due to reduced information asymmetry and barriers to promotion associated with entry-level and low-qualified positions.
Despite the massive incorporation of women into the labor market, equal pay for equal work remains a challenge. This article analyzes the influence of gender diversity in management positions on the gender wage gap (GWG) throughout the entire pay scale in Spain. The results show the existence of a GWG, particularly for wages below the average; though it decreases when female participation in management is higher. This is in line with the reduction of information asymmetry problems considered in statistical discrimination theories, which explain the barriers to promotion associated with dynamics at entry-level and low-qualified positions. JEL CLASSIFICATION: C31, J31, J71, M14
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