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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 …
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companies with stronger board gender diversity provide more powerful executive risk-taking incentives. It appears that female …We investigate the effect of board gender diversity on managerial risk-taking incentives. Our results demonstrate that … board gender diversity by one standard deviation raises vega by 10.3%. Further analysis corroborates the results, including …
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Motivated by the debate on gender inequality, we study CEO gender and CEO age. Because women face significantly more … obstacles in advancing their careers, it may take them longer to reach the top position, i.e. the chief executive officer (CEO …
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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 …
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