Academic Journal
The Impact of Gender on Voluntary and Involuntary Executive Departure
"Economic Inquiry" 17 pages 2010
Journal Details
Economic Inquiry, 2010 Vol. 48 Issue 4 Pages 1102-1118.
Finance
Journal Article, Academic Journal
We examine the frequency and conditions of executive departure from S&P 1500 firms. Based upon published news reports, we find that female executives are more likely than male executives to depart their positions voluntarily and involuntarily in the presence of controls for firm performance, firm governance, and human capital. We also find that women are less likely than men to depart voluntarily as firm size increases or board size decreases but more likely to be dismissed as the board becomes more male dominated