Subsample analyses
| Demographic characteristics | CEO pay knowledge | Worker pay knowledge | CEO pay concern before information | CEO pay concern after information |
|---|---|---|---|---|
| Employment status | ||||
| 0 = not employed (n = 54), 1 = employed (n = 173) | 1.70 vs 1.84 | 2.26 vs 2.38 | 2.07 vs 2.10 | 2.28 vs 2.25 |
| Gender | ||||
| 0 = male (n = 111), 1 = female (n = 124) | 2.10 vs 1.61*** | 2.48 vs 2.31 | 1.93 vs 2.35* | 2.05 vs 2.55** |
| Race | ||||
| 0 = not White (n = 44), 1 = White (n = 194) | 1.59 vs 1.90 | 2.18 vs 2.42 | 2.14 vs 2.14 | 2.19 vs 2.33 |
| Marital status | ||||
| 0 = single (n = 95), 1 = partnered (n = 124) | 1.60 vs 1.96* | 2.20 vs 2.47* | 2.06 vs 2.13 | 2.27 vs 2.28 |
| Need to work | ||||
| 0 = no need (n = 65), 1 = need (n = 172) | 1.68 vs 1.91 | 2.17 vs 2.47* | 1.89 vs 2.24 | 2.08 vs 2.39 |
| Investment experience | ||||
| 0 = no (n = 86), 1 = yes (n = 151) | 1.47 vs 2.07*** | 2.30 vs 2.44 | 2.49 vs 1.95** | 2.60 vs 2.13** |
| Self or family CEO or business owner | ||||
| 0 = no (n = 61), 1 = yes (n = 30) | 2.36 vs 2.60 | 3.00 vs 3.20 | 2.89 vs 2.67 | 2.97 vs 2.57 |
| Demographic characteristics | CEO pay knowledge | Worker pay knowledge | CEO pay concern before information | CEO pay concern after information |
|---|---|---|---|---|
| Employment status | ||||
| 0 = not employed | 1.70 vs 1.84 | 2.26 vs 2.38 | 2.07 vs 2.10 | 2.28 vs 2.25 |
| Gender | ||||
| 0 = male | 2.10 vs 1.61 | 2.48 vs 2.31 | 1.93 vs 2.35 | 2.05 vs 2.55 |
| Race | ||||
| 0 = not White | 1.59 vs 1.90 | 2.18 vs 2.42 | 2.14 vs 2.14 | 2.19 vs 2.33 |
| Marital status | ||||
| 0 = single | 1.60 vs 1.96 | 2.20 vs 2.47 | 2.06 vs 2.13 | 2.27 vs 2.28 |
| Need to work | ||||
| 0 = no need | 1.68 vs 1.91 | 2.17 vs 2.47 | 1.89 vs 2.24 | 2.08 vs 2.39 |
| Investment experience | ||||
| 0 = no | 1.47 vs 2.07 | 2.30 vs 2.44 | 2.49 vs 1.95 | 2.60 vs 2.13 |
| Self or family CEO or business owner | ||||
| 0 = no | 2.36 vs 2.60 | 3.00 vs 3.20 | 2.89 vs 2.67 | 2.97 vs 2.57 |
Notes:
*p < 0.05;
**p < 0.01; and
***p < 0.001
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