Dossier. Corporate governance
Focus. Capitalism and Business
Special 30 Years of Economia & Management
Gender Pay Gap and Corporate Performance
According to the Global Gender Gap Report 2018 published by the World Economic Forum (WEF), the gender gap measured worldwide is 32%, calculated across four thematic dimensions: economic participation and opportunity, educational attainment, health and survival, and political empowerment.
The same report highlights how differences in pay negatively impact corporate performance. Furthermore, the pay gap is negatively correlated to financial performance, and the percentage of women who are paid a very high salary (i.e. the highest quartile of distribution) is positively correlated to market performance.