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extreme tail events, the epidemic experience induces entrepreneurs to undervalue profitable investment projects. In particular …, implying that the reduction in corporate investment is inefficient. Our paper reveals a specific channel through which epidemic …
Persistent link: https://www.econbiz.de/10012827060
We study the effect of corporate board gender quotas on firm performance in Belgium, France, Italy and Spain. The … double and triple difference estimators with ex-ante matching. We find that gender quotas had either a negative or an … productivity. We then focus on Italy and offer possible explanations for the positive effect of gender quotas using detailed …
Persistent link: https://www.econbiz.de/10012952228
Board room quotas have recently received an increasing amount of attention. This paper provides novel evidence on firm performance from an exogenous change in female board participation in Sweden. We use the credible threat, aimed at listed firms, of a quota law enacted by the Swedish deputy...
Persistent link: https://www.econbiz.de/10012958385
the assumption that gender balanced boards result in improved corporate governance and performance. The investigation of … objective of one-third of the corporate board seats for members of the under-represented gender, lowered to one-fifth for the … analyzing both the effectiveness of the Law in terms of its impact on boardroom gender diversity and on other board attributes …
Persistent link: https://www.econbiz.de/10012910901
Firms may have gender differences in governance characteristics, which may lead to differences in the firms … in the way credit is allocated according to the gender of managers in the firms and that women-led firms are more …
Persistent link: https://www.econbiz.de/10012977449
In 2018, California became the first U.S. state to introduce a mandatory board gender quota for all firms headquartered … returns of -2.6% to the adoption of the gender quota for California firms and large spillover effects of -1.9% for non … non-California firms in states that followed California's legislative lead in the past by, e.g., introducing gender quota …
Persistent link: https://www.econbiz.de/10012050886
Board room quotas have recently received an increasing amount of attention. This paper provides novel evidence on firm performance from an exogenous change in female board participation in Sweden. We use the credible threat, aimed at listed firms, of a quota law enacted by the Swedish deputy...
Persistent link: https://www.econbiz.de/10011641946
Persistent link: https://www.econbiz.de/10012609825
One of the basic functions of establishing corporate governance (CG) in companies is improving performance and increasing value for shareholders. Expanding the company's value will ultimately increase the shareholders' wealth. Therefore, it is natural for shareholders to seek to improve their...
Persistent link: https://www.econbiz.de/10013273444
Persistent link: https://www.econbiz.de/10013401843