Table 4 GPG By type of director and... | Emerald Publishing

Table 4

GPG By type of director and compensation component

Type of director	Variable	Women		Men		Differences between woman and men
Type of director	Variable	N	Mean	N	Mean	Mean	%	t-Test (p-value)
Executive directors	Totcomp	65	394.385	1,535	1,533.177	−1,138.793	−75.54	−12.152 (0.000)***
	Fixcomp	65	250.938	1,535	549.429	−298.490	−63.19	−9.664 (0.000)***
	Varcomp	65	138.600	1,535	837.117	−698.517	−83.32	−10.330 (0.001)***
Proprietary directors	Totcomp	616	70.812	3,374	82.600	−11.788	−2.31	−2.574 (0.010)**
	Fixcomp	616	61.211	3,374	72.185	−10.974	−6.54	−2.995 (0.003)***
	Varcomp	616	3.534	3,374	4.658	−1.124	30.03	−0.781 (0.435)
Independent directors	Totcomp	1,151	107.822	3,200	105.693	2.129	−5.74	0.501 (0.616)
	Fixcomp	1,151	104.303	3,200	94.729	9.574	−4.03	2.964 (0.003)***
	Varcomp	1,151	1.480	3,200	6.310	−4.830	−20.70	−2.883 (0.004)***

Type of director	Variable	Women		Men		Differences between woman and men
Type of director	Variable	N	Mean	N	Mean	Mean	%	t-Test (p-value)
Executive directors	Totcomp	65	394.385	1,535	1,533.177	−1,138.793	−75.54	−12.152 (0.000)***
	Fixcomp	65	250.938	1,535	549.429	−298.490	−63.19	−9.664 (0.000)***
	Varcomp	65	138.600	1,535	837.117	−698.517	−83.32	−10.330 (0.001)***
Proprietary directors	Totcomp	616	70.812	3,374	82.600	−11.788	−2.31	−2.574 (0.010)**
	Fixcomp	616	61.211	3,374	72.185	−10.974	−6.54	−2.995 (0.003)***
	Varcomp	616	3.534	3,374	4.658	−1.124	30.03	−0.781 (0.435)
Independent directors	Totcomp	1,151	107.822	3,200	105.693	2.129	−5.74	0.501 (0.616)
	Fixcomp	1,151	104.303	3,200	94.729	9.574	−4.03	2.964 (0.003)***
	Varcomp	1,151	1.480	3,200	6.310	−4.830	−20.70	−2.883 (0.004)***

Note(s):

*Significant at 10%. **Significant at 5%. ***Significant at 1%

Source(s): Authors’ own work