{"id":16922,"date":"2025-03-31T13:47:16","date_gmt":"2025-03-31T18:47:16","guid":{"rendered":"https:\/\/uwm.edu\/business\/?post_type=tribe_events&p=16922"},"modified":"2025-03-31T13:47:30","modified_gmt":"2025-03-31T18:47:30","slug":"executive-compensation","status":"publish","type":"tribe_events","link":"https:\/\/uwm.edu\/business\/event\/executive-compensation\/","title":{"rendered":"Racial Diversity and Inclusion Without Equity? Evidence from Executive Compensation"},"content":{"rendered":"

Part of the Lubar Research Seminar Series<\/em><\/p>\n

Speaker:\u00a0<\/strong><\/em> Felipe Cabezon, Virginia Tech<\/strong><\/p>\n

The structure of managerial compensation, excluding CEOs, varies by ethnicity and race. Black, Hispanic, and Asian C-suite executives receive less equity-based pay than their White counterparts. As minority executives\u2019 tenure increases or they move to firms with minority CEOs or firms near recent Black Lives Matter events, pay structure similarity improves. When this similarity increases, the pay gap between White and minority executives tightens, firm performance improves, financial fraud declines, and the CEO-to-median-worker pay ratio narrows. Race-based pay disparities are influenced by both minority executives\u2019 preferences and corporate cultures where the idiosyncratic backgrounds of different executives take time to coalesce.<\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

Part of the Lubar Research Seminar Series Speaker:\u00a0 Felipe Cabezon, Virginia Tech The structure of managerial compensation, excluding CEOs, varies by ethnicity and race. Black, Hispanic, and Asian C-suite executives receive less equity-based pay than their White counterparts. As minority …<\/p>\n","protected":false},"author":82,"featured_media":0,"template":"","meta":{"_tribe_events_status":"","_tribe_events_status_reason":"","_tribe_events_is_hybrid":"","_tribe_events_is_virtual":"","_tribe_events_virtual_video_source":"","_tribe_events_virtual_embed_video":"","_tribe_events_virtual_linked_button_text":"","_tribe_events_virtual_linked_button":"","_tribe_events_virtual_show_embed_at":"","_tribe_events_virtual_show_embed_to":[],"_tribe_events_virtual_show_on_event":"","_tribe_events_virtual_show_on_views":"","_tribe_events_virtual_url":"","footnotes":"","uwm_wg_additional_authors":[]},"tags":[],"tribe_events_cat":[63],"class_list":["post-16922","tribe_events","type-tribe_events","status-publish","hentry","tribe_events_cat-research-seminar-series","cat_research-seminar-series"],"yoast_head":"\nLubar College of Business<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/uwm.edu\/business\/event\/executive-compensation\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Racial Diversity and Inclusion Without Equity? Evidence from Executive Compensation\" \/>\n<meta property=\"og:description\" content=\"Part of the Lubar Research Seminar Series Speaker:\u00a0 Felipe Cabezon, Virginia Tech The structure of managerial compensation, excluding CEOs, varies by ethnicity and race. Black, Hispanic, and Asian C-suite executives receive less equity-based pay than their White counterparts. As minority …\" \/>\n<meta property=\"og:url\" content=\"https:\/\/uwm.edu\/business\/event\/executive-compensation\/\" \/>\n<meta property=\"og:site_name\" content=\"Lubar College of Business\" \/>\n<meta property=\"article:modified_time\" content=\"2025-03-31T18:47:30+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/uwm.edu\\\/business\\\/event\\\/executive-compensation\\\/\",\"url\":\"https:\\\/\\\/uwm.edu\\\/business\\\/event\\\/executive-compensation\\\/\",\"name\":\"Racial Diversity and Inclusion Without Equity? Evidence from Executive Compensation - Lubar College of Business\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/uwm.edu\\\/business\\\/#website\"},\"datePublished\":\"2025-03-31T18:47:16+00:00\",\"dateModified\":\"2025-03-31T18:47:30+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/uwm.edu\\\/business\\\/event\\\/executive-compensation\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/uwm.edu\\\/business\\\/event\\\/executive-compensation\\\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/uwm.edu\\\/business\\\/event\\\/executive-compensation\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/uwm.edu\\\/business\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Events\",\"item\":\"https:\\\/\\\/uwm.edu\\\/business\\\/events\\\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Racial Diversity and Inclusion Without Equity? Evidence from Executive Compensation\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/uwm.edu\\\/business\\\/#website\",\"url\":\"https:\\\/\\\/uwm.edu\\\/business\\\/\",\"name\":\"Lubar College of Business\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\\\/\\\/uwm.edu\\\/business\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/uwm.edu\\\/business\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/uwm.edu\\\/business\\\/#organization\",\"name\":\"University of Wisconsin - Milwaukee\",\"url\":\"https:\\\/\\\/uwm.edu\\\/business\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/uwm.edu\\\/business\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/uwm.edu\\\/business\\\/wp-content\\\/uploads\\\/sites\\\/554\\\/2020\\\/11\\\/uwm-seo-logo.jpg\",\"contentUrl\":\"https:\\\/\\\/uwm.edu\\\/business\\\/wp-content\\\/uploads\\\/sites\\\/554\\\/2020\\\/11\\\/uwm-seo-logo.jpg\",\"width\":225,\"height\":224,\"caption\":\"University of Wisconsin - Milwaukee\"},\"image\":{\"@id\":\"https:\\\/\\\/uwm.edu\\\/business\\\/#\\\/schema\\\/logo\\\/image\\\/\"}}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Lubar College of Business","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/uwm.edu\/business\/event\/executive-compensation\/","og_locale":"en_US","og_type":"article","og_title":"Racial Diversity and Inclusion Without Equity? Evidence from Executive Compensation","og_description":"Part of the Lubar Research Seminar Series Speaker:\u00a0 Felipe Cabezon, Virginia Tech The structure of managerial compensation, excluding CEOs, varies by ethnicity and race. Black, Hispanic, and Asian C-suite executives receive less equity-based pay than their White counterparts. As minority …","og_url":"https:\/\/uwm.edu\/business\/event\/executive-compensation\/","og_site_name":"Lubar College of Business","article_modified_time":"2025-03-31T18:47:30+00:00","twitter_card":"summary_large_image","twitter_misc":{"Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/uwm.edu\/business\/event\/executive-compensation\/","url":"https:\/\/uwm.edu\/business\/event\/executive-compensation\/","name":"Racial Diversity and Inclusion Without Equity? Evidence from Executive Compensation - Lubar College of Business","isPartOf":{"@id":"https:\/\/uwm.edu\/business\/#website"},"datePublished":"2025-03-31T18:47:16+00:00","dateModified":"2025-03-31T18:47:30+00:00","breadcrumb":{"@id":"https:\/\/uwm.edu\/business\/event\/executive-compensation\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/uwm.edu\/business\/event\/executive-compensation\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/uwm.edu\/business\/event\/executive-compensation\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/uwm.edu\/business\/"},{"@type":"ListItem","position":2,"name":"Events","item":"https:\/\/uwm.edu\/business\/events\/"},{"@type":"ListItem","position":3,"name":"Racial Diversity and Inclusion Without Equity? Evidence from Executive Compensation"}]},{"@type":"WebSite","@id":"https:\/\/uwm.edu\/business\/#website","url":"https:\/\/uwm.edu\/business\/","name":"Lubar College of Business","description":"","publisher":{"@id":"https:\/\/uwm.edu\/business\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/uwm.edu\/business\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/uwm.edu\/business\/#organization","name":"University of Wisconsin - Milwaukee","url":"https:\/\/uwm.edu\/business\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/uwm.edu\/business\/#\/schema\/logo\/image\/","url":"https:\/\/uwm.edu\/business\/wp-content\/uploads\/sites\/554\/2020\/11\/uwm-seo-logo.jpg","contentUrl":"https:\/\/uwm.edu\/business\/wp-content\/uploads\/sites\/554\/2020\/11\/uwm-seo-logo.jpg","width":225,"height":224,"caption":"University of Wisconsin - Milwaukee"},"image":{"@id":"https:\/\/uwm.edu\/business\/#\/schema\/logo\/image\/"}}]}},"_links":{"self":[{"href":"https:\/\/uwm.edu\/business\/wp-json\/wp\/v2\/tribe_events\/16922","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/uwm.edu\/business\/wp-json\/wp\/v2\/tribe_events"}],"about":[{"href":"https:\/\/uwm.edu\/business\/wp-json\/wp\/v2\/types\/tribe_events"}],"author":[{"embeddable":true,"href":"https:\/\/uwm.edu\/business\/wp-json\/wp\/v2\/users\/82"}],"version-history":[{"count":1,"href":"https:\/\/uwm.edu\/business\/wp-json\/wp\/v2\/tribe_events\/16922\/revisions"}],"predecessor-version":[{"id":16923,"href":"https:\/\/uwm.edu\/business\/wp-json\/wp\/v2\/tribe_events\/16922\/revisions\/16923"}],"wp:attachment":[{"href":"https:\/\/uwm.edu\/business\/wp-json\/wp\/v2\/media?parent=16922"}],"wp:term":[{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/uwm.edu\/business\/wp-json\/wp\/v2\/tags?post=16922"},{"taxonomy":"tribe_events_cat","embeddable":true,"href":"https:\/\/uwm.edu\/business\/wp-json\/wp\/v2\/tribe_events_cat?post=16922"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}