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Executive Compensation: Female Executives and Networking

American Economic Review 1985
The phrase who you know, not what you know, that counts is often heard in conversations about people who get ahead. In economic terms, this phrase translates into it's your connections, not your human capital investments, that count. This study attempts to determine the influence of networking in addition to human capital investments by examining a sample of top female executives in the United States. We conclude that networking is as important as performance variables in helping women climb the corporate ladder.