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emphasis on board gender diversity.Design/methodology/approach – We exploit a novel measure of takeover vulnerability based on ….Findings – Our results show that a more active takeover market leads to lower board gender diversity. Specifically, a rise in … takeover vulnerability by one standard deviation results in a decline in board gender diversity by 10.01%. Moreover, stronger …
Persistent link: https://www.econbiz.de/10013239732
that board gender diversity significantly deters the opportunistic timing of option grants. The effect of board gender … diversity is 17.19% stronger than that of board independence in reducing CEO luck. Board gender diversity plays an effective … governance role, even more effective than board independence does. Our results support the benefits of board gender diversity in …
Persistent link: https://www.econbiz.de/10013240820
We investigate the effect of board gender diversity on managerial risk-taking incentives. Our results demonstrate that … companies with stronger board gender diversity provide more powerful executive risk-taking incentives. It appears that female … board gender diversity by one standard deviation raises vega by 10.3%. Further analysis corroborates the results, including …
Persistent link: https://www.econbiz.de/10013211267
board gender diversity on corporate culture. Our results demonstrate that greater board gender diversity considerably … strengthens positive corporate culture. The findings support the notion that board gender diversity enhances board oversight and …) testing for coefficient stability. Our study is the first to link board gender diversity to corporate culture, using cutting …
Persistent link: https://www.econbiz.de/10014258422
by the phrase ‘gender equality today for a sustainable tomorrow’, we investigate how board gender diversity affects asset … Kung (2017), our results suggest that greater board gender diversity leads to greater asset redeployability, implying that …In times of crisis, corporate governance, particularly the gender equality aspect, is critically important. Motivated …
Persistent link: https://www.econbiz.de/10014258496
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We explore the effect of economic policy uncertainty on board gender diversity. Prior research shows that female … directors play a beneficial role. The advantage of board gender diversity should be particularly helpful when firms have to … navigate an uncertain environment. So, we hypothesize that firms adjust their board gender diversity in response to economic …
Persistent link: https://www.econbiz.de/10013219649
difficulty of shareholder litigation, we explore the effect of shareholder litigation rights on board gender diversity. Our …
Persistent link: https://www.econbiz.de/10013403469