Ferrari, Giulia; Ferraro, Valeria; Profeta, Paola; … - 2016
In 2011, Italy introduced gender quotas for boards of directors of companies listed on its stock market. Comparing … the stock price reaction to the introduction of gender quotas. A positive effect of the quota law on stock market returns … emerges at the date of the board's election. Our results are consistent with gender quotas giving rise to a beneficial …