Like most strategic management research, studies of how CEO gender affects CEO pay entail a myriad of choices (e.g., sampling, variable operationalization, model specification, analytical approach). We argue justifiable alternative choices result in contradictory findings for the relationship found in the literature. We review the literature on CEO gender and CEO pay to deduce justifiable researcher choice combinations of samples, variable operationalizations, model specifications, and analytical approaches. Using these alternatives, we derive a multiverse analysis of 3,840 combinations of these choices as a tool to assess the impact of the variability these choices have on estimates of the relationship. Finally, we discuss the joint results that indicate no clear effect of CEO gender regarding CEO pay.
