We investigate the effect of the community values surrounding a firm’s headquarters on the percentage of women on a firm’s board of directors. We use religiosity and political affiliation measures to capture the values associated with the community norms. We find that firms headquartered in...

We investigate the effect of the community values surrounding a firm’s headquarters on the percentage of women on a firm’s board of directors. We use social capital, religiosity, and political affiliation measures to capture the values associated with the community norms. We find that firms...

This article examines the impact of ownership structure on the likelihood of financial distress of Dutch firms listed on the Amsterdam Stock Exchange (Euronext) from 1992 to 2002. We find that firms with higher levels of managerial shareholdings are less likely to experience financial distress....