Devine, Avis; Jolin, Isabelle; Kok, Nils; Yönder, Erkan - In: Journal of business ethics : JBE 189 (2024) 4, pp. 723-741
In this paper, we study the impact of CEO and board gender diversity on the risk management decisions of 179 U.S. Real Estate Investment Trusts (REITs) during the 2001-2018 period. Using a bottom-up analysis on the properties in REIT portfolios, we find significant risk reduction associated with...
