Publication Type
Journal Article
Version
acceptedVersion
Publication Date
6-2020
Abstract
We examine how gender and beauty affect the likelihood of being voted as an All-Star in the financial analyst profession in both the United States and China. We find that female analysts are more likely to be voted as All-Star analysts in the United States, but good-looking female U.S. analysts are less likely to be voted as All-Stars. The conclusion is the opposite for Chinese analysts. We find that female analysts in China are less likely to be voted as All-Stars, but the likelihood increases with their facial attractiveness. These findings implicate a beauty penalty for female analysts in the United States and gender discrimination against female analysts in China. This career path evidence from a competitive financial industry suggests that gender and beauty biases may be rooted deeply in culture and the legal environment and should not be treated homogenously.
Keywords
Analysts, Gender, Beauty, Labor market
Discipline
Accounting | Asian Studies | Finance and Financial Management | Gender and Sexuality
Research Areas
Corporate Reporting and Disclosure
Publication
Review of Accounting Studies
Volume
25
Issue
4
First Page
1230
Last Page
1262
ISSN
1380-6653
Identifier
10.1007/s11142-020-09542-z
Publisher
Springer Verlag (Germany)
Citation
LI, Congcong; LIN, An-ping; LU, Hai; and VEENSTRA, Kevin.
Gender and beauty in the financial analyst profession: Evidence from the United States and China. (2020). Review of Accounting Studies. 25, (4), 1230-1262.
Available at: https://ink.library.smu.edu.sg/soa_research/1876
Copyright Owner and License
Authors
Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial-No Derivative Works 4.0 International License.
Additional URL
https://doi.org/10.1007/s11142-020-09542-z
Included in
Accounting Commons, Asian Studies Commons, Finance and Financial Management Commons, Gender and Sexuality Commons