Underrepresentation of Women CEOs
Women are underrepresented in the top management of U.S. companies. According to Catalyst’s latest report, women occupied merely 41 or 8.2% of the CEO positions at S&P 500 companies in 2023. Why do so few women become CEOs? Three prominent explanations have garnered widespread attention. First, discussions center around potential differences in skills between male […]
Li He is an Assistant Professor of Economics at Rotterdam School of Management (RSM), Erasmus University Rotterdam; and Toni M. Whited is a Professor of Economics at the University of Michigan. This post is based on their recent paper. Related research from the Program on Corporate Governance includes Politics and Gender in the Executive Suite (discussed on the Forum here) by Alma Cohen, Moshe Hazan, and David Weiss; Will Nasdaq’s Diversity Rules Harm Investors? (discussed on the Forum here) by Jesse M. Fried; and Duty and Diversity (discussed on the Forum here) by Chris Brummer and Leo E. Strine, Jr.
Women are underrepresented in the top management of U.S. companies. According to Catalyst’s latest report, women occupied merely 41 or 8.2% of the CEO positions at S&P 500 companies in 2023.
