S&P 100 CEO Gender Divergence
Head-to-head performance benchmark isolating the return divergence between female-led (WSP100) and male-led (MSP100) S&P 100 constituents with event-driven SEC Form 8-K chain-linking.
+7.76% 1Y window · 10 Active Female CEOs (10.0%)
+17.85% 1Y window · 90 Active Male CEOs (90.0%)
Male-led benchmark leads female-led basket
Exhaustive partition: $W_t \cap M_t = \emptyset$. Event-driven executive handoff eliminates survivorship bias.
Head-to-Head Benchmark Chart: WSP100 vs. MSP100 (1Y)
Normalized return from 0.00% base on session 1 of the 1Y window.
Side-by-Side S&P 100 Constituent Breakdowns
Every constituent firm in the S&P 100 is classified strictly into either WSP100 or MSP100 by the sitting CEO's registered executive appointment date on SEC Form 8-K.
10 S&P 100 Constituents
90 S&P 100 Benchmark Firms
Mathematical Chain-Linking & Survivorship Elimination
w_(i, t-1) = 1 / N_t
Rebalanced quarterly across active constituents, ensuring no single mega-cap dominates the comparative return profile.
Index_t = Index_(t-1) · (1 + R_t)
Prevents price gaps when executive transitions occur. Turnover takes effect immediately on the official corporate handoff date.
W_t ∩ M_t = ∅ ; W_t ∪ M_t = S&P 100
Every S&P 100 firm belongs strictly to either WSP100 or MSP100, guaranteeing an unbiased mathematical counterfactual.