Female Representation in the Academic Finance Profession

69 Pages Posted: 24 Aug 2019 Last revised: 7 May 2021

See all articles by Mila Getmansky Sherman

Mila Getmansky Sherman

University of Massachusetts at Amherst - Eugene M. Isenberg School of Management - Department of Finance

Heather Tookes

Yale University - Yale School of Management; Yale University - International Center for Finance

Date Written: May 7, 2021

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 2009–2017, only 16.0% are women. The gender imbalance manifests itself in several ways. First, after controlling for research productivity, women hold positions at lower-ranked institutions and are less likely to be full professors. There is also evidence 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.

Keywords: Tenure; Gender; Salary; Academic Finance Profession

JEL Classification: I23; J16; J24; J44

Suggested Citation

Getmansky Sherman, Mila and Tookes, Heather, Female Representation in the Academic Finance Profession (May 7, 2021). Journal of Finance, Forthcoming, Available at SSRN: https://ssrn.com/abstract=3438653 or http://dx.doi.org/10.2139/ssrn.3438653

Mila Getmansky Sherman (Contact Author)

University of Massachusetts at Amherst - Eugene M. Isenberg School of Management - Department of Finance ( email )

Amherst, MA 01003-4910
United States

Heather Tookes

Yale University - Yale School of Management ( email )

135 Prospect Street
P.O. Box 208200
New Haven, CT 06520-8200
United States

Yale University - International Center for Finance ( email )

Box 208200
New Haven, CT 06520
United States

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