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This study examines the impact of board gender diversity on financial misconduct. The findings suggest firms with … gender-diverse boards commit fewer financial reporting mistakes and engage in less fraud. The findings hold after accounting … diminish at higher levels of gender diversity, indicating that impact of gender diversity on decreasing the likelihood of …
Persistent link: https://www.econbiz.de/10011646427
America's corporate boards are insufficiently diverse. Too few women and ethnic minorities are at the table. California's SB 826 seeks to remedy this situation by imposing penalties on publicly traded corporations with headquarters in California, regardless of where they are chartered, if their...
Persistent link: https://www.econbiz.de/10011925798
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
women are more risk averse than men. The current study investigates the influence of board gender-diversity in firm risk … board more is the cash held by the firm. However, we detect no significant relationship between gender-diversity and risk …
Persistent link: https://www.econbiz.de/10013071359
We investigate the relation between board gender diversity and firm profitability using the control function (CF …
Persistent link: https://www.econbiz.de/10012834426
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
robust to alternative econometric specifications, and alternative measures of dividend payouts. The positive effect of gender … potential endogeneity concerns. Furthermore, we find that board gender composition significantly increases dividends only for …
Persistent link: https://www.econbiz.de/10012967862
We study whether board gender diversity (BGD) affects corporate risk strategies. Specifically, we investigate the … negatively associated with tax avoidance, suggesting firms with gender-diverse boards are more cautious about potential …
Persistent link: https://www.econbiz.de/10012934724
substantial equity interest. Boards with at least three directors of each gender are found to be at least 79% more active at board … active when a critical mass of at least three women is in attendance. Gender-balanced boards are also more likely to replace …
Persistent link: https://www.econbiz.de/10013037878
representation on corporate boards to examine the potential effect that this may have on the gender pay differential at the executive …
Persistent link: https://www.econbiz.de/10012864190