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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 …
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Research investigating the relationship between firm performance and gender diversity has so far reported conflicting … evidence: Some studies find firm performance to benefit from gender diversity, others find negative results or no effect at all …. Taking this inconclusive evidence as a sign for moderators influencing the effect of gender diversity on firm performance, we …
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About 37% of Chinese listed firms have medical expertise, as measured by the existence of senior executives with a medical degree or medical-industry experience. Using the COVID-19 outbreak in China as a natural experiment, we find that stock returns of firms with medical expertise, excluding...
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