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In recent years, increasing attention has focused on the influence of gender and racial diversity on boards of directors. Sixteen countries now require quotas to increase women's representation on boards, and many more have voluntary quotas in corporate governance codes. In the United States,...
Persistent link: https://www.econbiz.de/10009506954
This paper examines the issue of board diversity and the role of women in the finance industry. Estimation of panel data regressions for a sample of all financial institutions in Canada and the US over the period 2008-2019 identified some qualitative and quantitative factors that allowed the...
Persistent link: https://www.econbiz.de/10012859595
This study examines the association between U.S. banks’ corporate board gender and ethnic ownership diversity, focusing on cultural gender norms relating to female leadership positions. Utilizing Federal Deposit Insurance Corporation (FDIC) Call Report and Summary of Deposit (SOD) data for 30...
Persistent link: https://www.econbiz.de/10012588751
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In recent years, regulators have introduced gender diversity quota laws and dis-closure-based approaches to increase the representation of women on corporate boards. These developments have set off a global discussion about the importance of diversity in the boardroom and what role governments...
Persistent link: https://www.econbiz.de/10011646589
We investigate the trends and drivers of racial diversity on U.S. corporate boards. We document that U.S. boards are persistently racially homogenous, but that this is changing. About 10% of directors on the average board during our sample are non-white, however, new director appointments of...
Persistent link: https://www.econbiz.de/10014361599
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The debate about the compensation of executives and directors is a discussion about incentives and agency costs. This article analyzes basic tools to reduce agency costs and also assesses the ongoing debate about the future regulation of the compensation of executives and directors. It draws...
Persistent link: https://www.econbiz.de/10014180330
There are a number of papers by me and others that have discussed the federal Corporate Transparency Act (CTA) in SSRN while waiting for the final rules to be published. We are still waiting for many of those rules to be finalized or, in some cases, even proposed. Herrick Lidstone’s article,...
Persistent link: https://www.econbiz.de/10014361966