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Do Firms Respond to Gender Pay Gap Transparency?

Morten Bennedsen - ; Elena Simintzi - ; Margarita Tsoutsoura - ; Daniel Wolfenzon - ;

We examine the effect of pay transparency on the gender pay gap and firm outcomes. Using a 2006 legislation change in Denmark that requires firms to provide gender-disaggregated wage statistics, detailed employee-employer administrative data, and difference-in-differences and difference-in-discontinuities designs, we find that the law reduces the gender pay gap, primarily by slowing wage growth for male employees. The gender pay gap declines by 2 percentage points, or 13% relative to the prelegislation mean. Despite the reduction of the overall wage bill, the wage transparency mandate does not affect firm profitability, likely because of the offsetting effect of reduced firm productivity.


Ketersediaan

Call NumberLocationAvailable
PSB lt.dasar - Pascasarjana (Koleksi Majalah)1
PenerbitUSA: The American Finance Association 2022
EdisiVolume 77, Issue 4, August 2022, Pages 2051-2091
SubjekPay Transparency
Gender Pay
ISBN/ISSN1540-6261
KlasifikasiNONE
Deskripsi FisikFirst published : 03 May 2022
Info Detail SpesifikThe Journal of Finance
Other Version/RelatedTidak tersedia versi lain
Lampiran Berkas
  • https://remote-lib.ui.ac.id:2075/10.1111/jofi.13136

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