Jurkus, Anthony F.; Park, Jung Chul; Woodard, Lorraine S. - In: Journal of Business Research 64 (2011) 2, pp. 180-186
This study investigates gender diversity among the top managers of Fortune 500 firms and its effect on agency costs. The study finds that firms with a greater percentage of female officers present lower agency costs but that the negative relation is not robust when considering the endogeneity of...