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This paper studies economic effects of the gender composition of corporate boards, employing a new and unique …. Using multiple identification approaches, alternative measures of gender diversity, and several performance indicators, we … find some evidence that companies with gender-diverse boards have higher market values and better profitability. These …
Persistent link: https://www.econbiz.de/10012868825
across 41 advanced and emerging European economies. We demonstrate that gender board diversity has generally increased, yet … frameworks to demonstrate that few systematic factors are associated with greater gender diversity for both supervisory and …-level gender equality and cultural institutions exhibit differentiated correlations with the presence of women directors in …
Persistent link: https://www.econbiz.de/10012843707
on gender diversity on boards. We exploit rich, newly assembled board director matched panel data for Norway and Germany …, when a Norwegian board gender quota came into effect. We present two novel results that challenge previous thinking about … the effects of board gender quotas on women directors. First, we find a positive impact of employee representation before …
Persistent link: https://www.econbiz.de/10014238549
In 2011, Italy introduced gender quotas for boards of directors of companies listed on its stock market. Comparing … the stock price reaction to the introduction of gender quotas. A positive effect of the quota law on stock market returns … emerges at the date of the board's election. Our results are consistent with gender quotas giving rise to a beneficial …
Persistent link: https://www.econbiz.de/10012982112
This paper analyzes the determinants of women on the boards of directors based on a panel sample of all Danish companies in the private sector with more than 50 employees. The share of women on the boards of directors was 12 percent in 2007 and has only slowly increased during the period...
Persistent link: https://www.econbiz.de/10013073855
This paper provides new evidence on the structure, dynamics and performance effects of corporate boards in publicly traded companies in Russia. It takes advantage of a new and unique longitudinal dataset of virtually all Russian companies whose shares were traded in the RTS/MICEX/MOEX over...
Persistent link: https://www.econbiz.de/10012977060
This paper studies the effect on company performance of appointing non-executive directors that are also executive directors in other firms. The analysis is based on a new panel dataset of UK companies over 2002-2008. Our findings suggest a positive relationship between the presence of these...
Persistent link: https://www.econbiz.de/10013058307
Over the last decade, several countries have followed the Norwegian example and introduced laws mandating gender quota … in gender quota that remain effective for three consecutive board renewals of listed limited liability firms. We link … Social Security registers. Exploiting the staggered introduction of the gender quota regulation and variation in board …
Persistent link: https://www.econbiz.de/10012870472
From business to politics and academia, the economic effects of the introduction of gender quotas are under scrutiny …. We provide new evidence based on the introduction of mandatory gender quotas for boards of directors of Italian companies … run event studies on the stock price reaction to both the announcement and the introduction of gender quotas. A positive …
Persistent link: https://www.econbiz.de/10012920456
In this paper, we study the roles of expertise and independence on governing boards in the context of education. In particular, we examine the causal influence of professional educators elected to local school boards on education production. Educators may bring valuable human capital to school...
Persistent link: https://www.econbiz.de/10012867992