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This paper responds to recent calls to study the role that board gender diversity plays in shaping corporate responses … to climate change. It examines whether female board representation is associated with greater climate change innovation …) are more proactive in terms of investments in climate change innovation. This positive effect does not require a critical …
Persistent link: https://www.econbiz.de/10014388688
We investigate the effect of board gender diversity on managerial risk-taking incentives. Our results demonstrate that … companies with stronger board gender diversity provide more powerful executive risk-taking incentives. It appears that female … board gender diversity by one standard deviation raises vega by 10.3%. Further analysis corroborates the results, including …
Persistent link: https://www.econbiz.de/10013211267
This paper identifies a positive causal effect of board gender diversity on firm performance by utilizing unique … historical events in China. Specifically, the Famine resulted in an evident gender gap in the supply of qualified directors of … certain cohorts. Since the shocks differ in both gender and cohorts, we construct a novel "Diff-in-Diff'" instrumental …
Persistent link: https://www.econbiz.de/10014032580
In times of crisis, corporate governance, particularly the gender equality aspect, is critically important. Motivated … by the phrase ‘gender equality today for a sustainable tomorrow’, we investigate how board gender diversity affects asset … Kung (2017), our results suggest that greater board gender diversity leads to greater asset redeployability, implying that …
Persistent link: https://www.econbiz.de/10014258496
This study investigates the impact of board composition and gender diversity on capital structure using a dataset … bring valuable expertise and perspectives to firms' capital structure decisions. Surprisingly, the study reveals that gender … diversity on boards exerts a significant positive impact on leverage, supporting resource dependency theory, as gender …
Persistent link: https://www.econbiz.de/10014503305
We analyze if the empirical research on the consequences of a board's gender diversity is affected by a specific … proxy of the market values of debt if increased board's gender diversity comes with a reduction in corporate risk … show the VBCD using bond market data and its link to higher board's gender diversity. Second, we replicate two recent …
Persistent link: https://www.econbiz.de/10012893420
This study examines the association between corporate transparency, ethical orientation of Fortune 500 companies, the number of females represented on the board of directors as reported in the 2010 annual report data and respective stock performance. Our basis for this judgment was whether the...
Persistent link: https://www.econbiz.de/10013083500
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 …
Persistent link: https://www.econbiz.de/10013240820
board gender diversity on corporate culture. Our results demonstrate that greater board gender diversity considerably … strengthens positive corporate culture. The findings support the notion that board gender diversity enhances board oversight and …) testing for coefficient stability. Our study is the first to link board gender diversity to corporate culture, using cutting …
Persistent link: https://www.econbiz.de/10014258422