We study shareholder support for corporate board nominees before and after the 2018 California gender quota. Pre-quota, new female nominees received greater support than new male nominees, consistent with women being held to a higher standard. Post-quota, as the number of women increased,...

Women remain significantly underrepresented in the top decision-making bodies in the private sector. Over the past few years, increasingly more European countries have introduced statutory gender quotas to combat this underrepresentation. Other European countries have instead relied on voluntary...

We assess the impact of California gender quota law on CEO and board dynamics. Exploiting the cross-state, cross-time variation in the timing of the regulation, we find that the reform has an heterogeneous effect on the existing CEO-Board dynamics. Further-more, the analysis suggests that this...