The Gender Pay Gap: What’s Causing It and What We Can Do About It

Link to Presentation

Location: McColl 2650

Gender pay disparities characterize labor markets in most developed countries. The financial sector has been considered one of the primary examples of such pay disparities. More recently, firms have faced additional criticism from the press and shareholders for failing to take steps to address unequal gender practices. What are the main drivers of such disparities, and what are potential remedies? Recent regulatory proposals focus on pay transparency to promote equal pay. Is this an effective measure? How do firms respond?

Elena Simintzi’s Bio:

Elena Simintzi is an Associate Professor of Finance at the University of North Carolina. Her research interests include Corporate Finance and Labor Economics, Entrepreneurship, and Innovation.

Her work emphasizes the importance of labor market frictions in the corporate environment, including firms’ capital structure decisions and their decisions to invest in technology. In her research, she also revisits the heated debate on pay inequality through the lens of the firm and examines how within firm disparities affect firm and employee outcomes.

Dr. Simintzi joined UNC Kenan-Flagler from the Sauder School of Business at the University of British Columbia and teaches courses in corporate finance. Her work has been published in academic journals in finance and economics such as the Review of Financial Studies, Journal of Financial Economics, Journal of Finance, the Review of Corporate Financial Studies, and the American Economic Review.

She earned a Ph.D. and an M.Sc. both in Finance from the London Business School. She also holds an M.Sc. in Finance and Economics from the University of Warwick.

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