It has been reported that there is dramatic increase of female workers into manager level jobs during last few decades in the US labor market. Using Standard & Poor’s Compustat ExecuComp database over 14 years (1992 - 2005), this paper examines whether the glass ceiling in the executive market has been substantially weakened measured by relative compensation by gender and female representation in the top rung of the executive market. Though the status of females in the executive market seems to have been improved, we cannot reject null hypothesis of no change when we test hypotheses whether the glass ceiling has significantly weakened. The results of the hypothesis tests suggest that there is still a long way ahead before gender equality is achieved and the glass ceiling is removed in the executive market.
We use cookies to provide you with an optimal website experience. This includes cookies that are necessary for the operation of the site as well as cookies that are only used for anonymous statistical purposes, for comfort settings or to display personalized content. You can decide for yourself which categories you want to allow. Please note that based on your settings, you may not be able to use all of the site's functions.
Cookie settings
These necessary cookies are required to activate the core functionality of the website. An opt-out from these technologies is not available.
In order to further improve our offer and our website, we collect anonymous data for statistics and analyses. With the help of these cookies we can, for example, determine the number of visitors and the effect of certain pages on our website and optimize our content.