Kuzʹmina, Olʹga; Melentyeva, Valentina - 2021 - This version: January 2021
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 …