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value and operations, under minimal identification assumptions. We consider sharp increases in the share of women on boards … more women on corporate boards has large positive effects on Tobin´s Q and buy-and-hold returns. This result is in stark … considered firms with different pre-quota shares of women to be good counterfactuals to each other. In our data, we see that such …
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director appointments are gender specific and suggest that demand-side factors such as explicit and implicit norms drive women …Increasing the participation of women in top-level corporate boards is high on the agenda of policymakers. Yet, we know … little about director appointment dynamics and the drivers and impediments of women appointments. This study builds on …
Persistent link: https://www.econbiz.de/10014232704
This paper examines the reliance on ESG metrics in executive compensation contracts. In our sample of international publicly traded firms, a rapidly growing fraction incorporate ESG metrics in the compensation schemes of their top executives. Our analysis links the reliance on these metrics to...
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Banks in bad financial shape are more likely to appoint executive directors from the outside than those in good shape. It is, however, not clear whether all of these appointments necessarily lead to the desired turnaround. We analyze the performance effects of new board members with external...
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