CEO Gender-Based Termination Concerns: Evidence From Initial Severance Agreements Academic Article

abstract

• We theorize that female candidates considering CEO roles will perceive greater termination vulnerability in such roles than their male counterparts. We further theorize that indicators of recent organizational distress will exacerbate female CEO candidates perceptions of termination vulnerability, while the presence of female leaders will mitigate these concerns. To test our arguments, we examine the initial values of newly appointed female and male CEOs severance agreements from 2007 to 2014. Results support our arguments and begin to shed light on the factors that influence female executives concerns about CEO roles and ultimately firms ability to appoint female CEOs.

authors

• Devers, Cynthia

published proceedings

• JOURNAL OF MANAGEMENT

altmetric score

• 37.2

author list (cited authors)

• Klein, F. B., Chaigneau, P., & Devers, C. E.

citation count

• 12

complete list of authors

• Klein, Felice B||Chaigneau, Pierre||Devers, Cynthia E

publication date

• March 2021

publisher

• SAGE Publications  Publisher

published in

• Journal of Management  Journal

keywords

• Board Of Directors
• Ceos
• Gender
• Inequality
• Severance Agreements

Digital Object Identifier (DOI)

• 10.1177/0149206319887421

start page

• 567

end page

• 596

volume

• 47

issue

• 3

URL

• http://dx.doi.org/10.1177/0149206319887421

user-defined tag

• 5 Gender Equality