Women in Charge: Evidence from Hospitals
研究了美国医院女性CEO的决策、薪酬和离职情况，发现性别差异不影响医院决策，但女性CEO薪酬更低、绩效激励更平缓、业绩差时离职率更高。
ABSTRACT The paper examines the decision‐making, compensation, and turnover of female CEOs in U.S. hospitals. Contrary to the literature on lower‐ranked executives and directors in public firms, there is no evidence that gender differences in preferences for risk or altruism affect decision‐making of hospital CEOs: corporate policies do not shift when women take (or leave) office, and male and female CEOs respond similarly to a major financial shock. However, female CEOs earn lower salaries, face flatter pay‐for‐performance incentives, and exhibit greater turnover after poor performance. Hospital boards behave as though they perceive female CEOs as less productive.