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DESCRIPTION:Over the past few decades\, Chief Executive Officer (CEO) pay h
 as risen spectacularly\, as has debate regarding why this has occurred and
  whether policy should or can correct it. Yet one glaring fact about the C
 -Suite eludes much of the corporate governance literature and executive co
 mpensation policy reforms and proposals: the C-Suite\, particularly the CE
 O role\, has long been and continues to be dominated by men. Despite makin
 g up half the workforce\, few women lead companies in corporate America. O
 nly 8% of CEOs of Fortune 500 companies are women\, and women make up less
  than a quarter of C-level executives. Ample evidence shows that when wome
 n come to dominate a profession\, the salary of that profession drops. Thi
 s is particularly true in high-paid white-collar jobs. In a recent essay\,
  published in Inequality Inquiry\, we pose the question of whether the opp
 osite proves equally true: as men dominate a profession\, does the salary 
 of that profession rise? Might masculinity be the culprit behind increasin
 gly outrageous CEO compensation packages? The essay begins to explore the 
 correlation between executive compensation and men’s domination over senio
 r executive roles\, focusing on the CEO position. We delve into various th
 eories that could help explain why men dominate the most lucrative role in
  corporate America. We argue that law and corporate governance need to acc
 ount for these theories in designing solutions that address gender dispari
 ty in the CEO role.\n\nAbout \n\n \n\nProfessor Darren Rosenblum’s scholar
 ship focuses on corporate governance\, in particular on diversity initiati
 ves and remedies for sex inequality. They joined the Faculty of Law of McG
 ill University as a Full Professor in August 2021\, from the Elisabeth Hau
 b School of Law at Pace University. In 2018\, they served as a Wainwright 
 Senior Fellow at McGill Law\, during which they taught a course on Sexuali
 ty\, Gender and the Law. Professor Rosenblum clerked in the U.S. District 
 Court of Puerto Rico (1996–1998)\, after which they practiced internationa
 l arbitration at Clifford Chance\, and at Skadden (1998–2004).\n\nThey wro
 te the first article of queer legal theory “Queer Intersectionality” (1994
 ) and the first article on transgender prisoners “Trapped in Sing Sing” (2
 000). They have presented work on corporate board quotas in English\, Fren
 ch\, Spanish\, and Portuguese. Notably\, as a Fulbright Research Scholar i
 n France\, they performed a qualitative study on the French quota for wome
 n on corporate boards\, which was presented at the French National Assembl
 y in 2011.\n\nZoom Link.\n
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DTEND:20220307T193000Z
LOCATION:Zoom.
SUMMARY:Power & Pay in the C-Suite
URL:https://www.mcgill.ca/law/channels/event/power-pay-c-suite-337709
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