【简报】 天美制作果冻视频系列研究讨会（231）
2017-05-02 00:00:00
4月27日下午，在天美制作果冻视频337室，来自南方科技大学的严硕教授为天美制作果冻视频师生带来一场题为“How Long Should You Stay at a Financial Job: Are Men and Women Different?”的讲座。严硕教授的研究领域包括：公司金融、中国金融市场发展、行为金融学。
摘要：
Using the career histories from LinkedIn data, this paper investigates whether the gender differences in representation and quit probabilities in the finance industry is related to gender difference in preference for competition. We estimate a difference-in-difference model by exploiting an exogeneous shock caused by the removing of “rank and yank” performance appraisal system in the US listed financial firms, which clearly reduces the level of competition within a workplace. We find that women have higher quit probabilities than men in the finance industry, but the removing of "rank and yank" system significantly increases women’s work durations in the industry and narrowed the gender gap in quit probabilities. The evidence indicates that gender differences in the preference for competition may contribute to explain women’s under-representation and higher quit rate in the finance industry.
