This study investigates the impact of China's evolving two-child policy on female employment and corporate performance using data from Chinese listed companies between 2010 and 2020. The findings reveal a positive correlation between the proportion of female employees and firm performance. Expansion of the two-child policy did not decrease female employment but weakened the positive effect of female employment on corporate performance. This weakening effect is attributed to wage discrimination, where firms benefit from lower labor costs associated with employing women.
Publisher
HUMANITIES AND SOCIAL SCIENCES COMMUNICATIONS
Published On
Dec 14, 2022
Authors
Aolin Leng, Fuli Kang
Tags
China
two-child policy
female employment
corporate performance
wage discrimination
labor market
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