search query: @author Gupta, A. / total: 31
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| Author: | Adams, S.M. Gupta, A. Leeth, J.D. |
| Title: | Are female executives over-represented in precarious leadership positions? |
| Journal: | British Journal of Management
2009 : MAR, VOL. 20:1, p. 1-12 |
| Index terms: | leadership executives appointments gender companies USA |
| Language: | eng |
| Abstract: | Based on a sample of CEO appointments (henceforth as: appts.) at U.S. corporations from 1992 to 2004, this study tests the 'glass cliff' hypothesis positing females being appointed to leadership positions at firms in a precarious financial condition. Utilizing three measures of stock-price-based financial performance (here as: perf.) and two distinct control samples of appointments of males to the CEO position, it is found that corporate perf. preceding CEO appts. tends to favour females. This implies that females (males) are appointed to the CEO position mainly at times when the firm is in relatively better (worse) financial health. Similar conclusions are found through disaggregating the data by CEO appts. in up vs. down markets, at high-risk vs. low-risk firms, and by calendar time. There seems to be no 'glass cliff' facing female CEOs at U.S. companies. |
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