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Female Representation in the Academic Finance Profession

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  • MILA GETMANSKY SHERMAN
  • HEATHER E. TOOKES

Abstract

We present new data on female representation in the academic finance profession. In our sample of finance faculty at top‐100 U.S. business schools during 2009 to 2017, only 16.0% are women. The gender imbalance manifests in several ways. First, after controlling for research productivity, women hold positions at lower ranked institutions and are less likely to be full professors. Results also suggest that they are paid less. Second, women publish fewer papers. This gender gap exists in research quantity, not quality. Third, women have more female coauthors, suggesting smaller publication networks. Time‐series data suggest shrinking gender gaps in recent years.

Suggested Citation

  • Mila Getmansky Sherman & Heather E. Tookes, 2022. "Female Representation in the Academic Finance Profession," Journal of Finance, American Finance Association, vol. 77(1), pages 317-365, February.
    • Handle: RePEc:bla:jfinan:v:77:y:2022:i:1:p:317-365
    DOI: 10.1111/jofi.13094
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    2. Chengguang Li & Jungsoo Ahn & Juan Bu & Klaus E. Meyer, 2023. "The value of publishing in JIBS," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 54(9), pages 1688-1699, December.
    3. MinSub Kim & Joyce J. Chen & Bruce A. Weinberg, 2023. "Gender pay gaps in economics: A deeper look at institutional factors," Agricultural Economics, International Association of Agricultural Economists, vol. 54(4), pages 471-486, July.
    4. Niels Johannesen & Simon Muchardt, 2024. "Is the Bar Higher for Female Scholars? Evidence from Career Steps in Economics," CESifo Working Paper Series 11101, CESifo.
    5. Wenjing Lyu & Yuanhao Huang & Jin Liu, 2024. "The multifaceted influence of multidisciplinary background on placement and academic progression of faculty," Palgrave Communications, Palgrave Macmillan, vol. 11(1), pages 1-21, December.

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