The Ultimate Power of Religiosity-Local Religiosity and CEO Gender Pay Gap
type: CreativeWork
description: In this study we focus on the effect of local religiosity on the probability of hiring female incoming CEOs while transitions, and how local religiosity relates to female CEO compensation. Given that all major religions facilitate patriarchy contributing to gender stratification, justifying men’s hierarchical superiority to women, we predicted that local religiosity is negatively related to appointing and remunerating female CEOs. We found no evidence that local religiosity relates to the probability of appointing a female incoming CEO. Moreover, using both a longitudinal as well as propensity scored matched sample, results indicate that local religiosity slightly negatively relates to the level of CEO compensation for male CEOs as opposed to the positive and significant association with the level of female CEO remuneration. Contrary to predictions, local religiosity shifted pay discrimination against female CEOs in secular states to their favor in religious states.
abstract: In this study we focus on the effect of local religiosity on the probability of hiring female incoming CEOs while transitions, and how local religiosity relates to female CEO compensation. Given that all major religions facilitate patriarchy contributing to gender stratification, justifying men’s hierarchical superiority to women, we predicted that local religiosity is negatively related to appointing and remunerating female CEOs. We found no evidence that local religiosity relates to the probability of appointing a female incoming CEO. Moreover, using both a longitudinal as well as propensity scored matched sample, results indicate that local religiosity slightly negatively relates to the level of CEO compensation for male CEOs as opposed to the positive and significant association with the level of female CEO remuneration. Contrary to predictions, local religiosity shifted pay discrimination against female CEOs in secular states to their favor in religious states.
author: Vashahi, Maryam
language: eng
keywords: Local religiosity, CEO remuneration, CEO Gender pay gap, Incoming CEO, Religion
date published: 2023-05-19T14:58:08Z
date modified: 2026-07-24T01:23:09Z
provider: Brock University
publisher: Networked Digital Library of Theses and Dissertations
type: WebPage
source organization: Brock University

PropertyValue
property ID: Handle
value: http://hdl.handle.net/10464/17833