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What’s Good for Women Is Good for Science: Evidence from the American Finance Association
Journal article   Open access   Peer reviewed

What’s Good for Women Is Good for Science: Evidence from the American Finance Association

Renée Adams and Michelle Lowry
The Review of Corporate Finance Studies, v 11(3), pp 554-604
24 Mar 2022
url
https://ora.ox.ac.uk/objects/uuid:befd21d1-d179-43fc-a8bd-c82059573e35View

Abstract

Abstract Motivated by evidence that the largest gender differences in career outcomes arise within occupations, we examine a single occupation. With the support of the American Finance Association (AFA), we surveyed AFA members on the professional culture within finance. Individual experiences vary substantially, especially across men and women. Contrary to conventional narratives, differences in preferences play little role in explaining why women experience worse outcomes. Bias and discrimination have the largest effect. The consequences of noninclusiveness extend beyond the personal to the entire field. Our findings suggest that institutions potentially could do more than they recognize to improve both diversity and science. (JEL I23, J16, J24, J44, J71)

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7 citations in Scopus

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UN Sustainable Development Goals (SDGs)

This publication has contributed to the advancement of the following goals:

#10 Reduced Inequalities
#5 Gender Equality

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Collaboration types
Domestic collaboration
International collaboration
Web of Science research areas
Business, Finance
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