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This paper studies economic effects of the gender composition of corporate boards, employing a new and unique …. Using multiple identification approaches, alternative measures of gender diversity, and several performance indicators, we … find some evidence that companies with gender-diverse boards have higher market values and better profitability. These …
Persistent link: https://www.econbiz.de/10012019226
We investigate the relation between board gender diversity and firm profitability using the control function (CF …
Persistent link: https://www.econbiz.de/10012834426
gender diversity in boards on bank riskiness and economic performance. Taking account of omitted variables and reverse … causality problems, as a source of endogeneity, our main econometric findings suggest that gender diversity may have a positive …
Persistent link: https://www.econbiz.de/10013017466
emphasis on board gender diversity.Design/methodology/approach – We exploit a novel measure of takeover vulnerability based on ….Findings – Our results show that a more active takeover market leads to lower board gender diversity. Specifically, a rise in … takeover vulnerability by one standard deviation results in a decline in board gender diversity by 10.01%. Moreover, stronger …
Persistent link: https://www.econbiz.de/10013239732
argue that these inconclusive results are due to the fact that there is a non-linear, U-shaped relationship between gender … of gender diversity is achieved. Furthermore, this positive effect is only observed in better capitalized banks. Our … results suggest that continuing the voluntary expansion of gender diversity on bank boards will be value-enhancing, provided …
Persistent link: https://www.econbiz.de/10012966444
This paper identifies a positive causal effect of board gender diversity on firm performance by utilizing unique … historical events in China. Specifically, the Famine resulted in an evident gender gap in the supply of qualified directors of … certain cohorts. Since the shocks differ in both gender and cohorts, we construct a novel "Diff-in-Diff'" instrumental …
Persistent link: https://www.econbiz.de/10014032580
This article examines recent literature on corporate boards and the interplay between director gender and CEO turnover … and how it affects firm performance after CEO turnover. The primary focus is board gender diversity and CEO job … embeddedness in entrepreneurial firms. This article discusses gender diversity and the frequency of CEO turnover. This paper finds …
Persistent link: https://www.econbiz.de/10014635545
We argue gender-diverse boards are associated with distinct preferences that reassure investors about their commitment … to moderate risk and boost long-term corporate survival. Results suggest a strong relation between gender-diverse boards … with gender-diverse boards choosing similar peers. Bond and stock prices increase around female director appointment …
Persistent link: https://www.econbiz.de/10012849311
. Our results highlight that gender quotas are not necessarily a costly way of promoting equality …
Persistent link: https://www.econbiz.de/10013215911
gender equality is aligned with shareholder interests. This positive effect is not explained by increased risk-taking or …
Persistent link: https://www.econbiz.de/10013239588