Recent event study literature has highlighted abnormal stock returns, particularly in short event windows. A common explanation is the cross-correlation of stock returns that are often enhanced during periods of sharp market movements. This suggests the misspecification of the underlying factor...

In this paper, we test the applicability of different Fama-French (FF) factor models in Vietnam, we investigate the value factor redundancy and examine the choice of the profitability factor. Our empirical evidence shows that the FF five-factor model has more explanatory power than the FF...

Executive and supervisory boards of large companies in Germany are still dominated by men - to an extraordinary degree. Only 2.5% of all executive board members in the200 largest companies (not including the financial sector) are women, and only 10% of all seats on supervisory boards are...

Vorstände und Aufsichtsräte großer Unternehmen in Deutschland werden nach wie vor von Männern dominiert - mit erdrückender Mehrheit. Das zeigt die aktuelle Studie des DIW Berlin. Lediglich 2,5 Prozent aller Vorstandsmitglieder der 200 größten Unternehmen (ohne Finanzsektor) sind...

The paper examines demographic and cognitive diversity at top-level management and its impact on the performance of Malaysian-listed companies (Plantation and Energy Sectors). Although many organisations aspire to be socially diverse, diversity's consequences for organisational performance...

This work aims to explore the status of gender diversity in corporate governance and its implications to corporate performance and emotional intelligence. With this purpose, the role of women in leading modern corporations and the pending gaps in equality were analyzed. Tourist corporations...

The paper analyzes the influence of management capabilities on the innovation performance of technology-based SMEs and the role that gender diversity in the top management team plays in this relationship. We use a sample of 205 Spanish SMEs from technology sectors and a hierarchical regression...

We examine the relation between the gender diversity on boards of corporations and the levels of information asymmetry in the stock market. Prior evidence suggests that the presence of women on director boards increases the quantity and quality of public disclosure by firms, and we therefore...

In vielen Gremien der ökonomischen Politikberatung sind Frauen nur zu einem geringen Anteil vertreten. Beispielsweise ist der Frauenanteil in den wissenschaftlichen Beiräten des Bundesfinanz- und des Bundeswirtschaftsministeriums (14 beziehungsweise 15 Prozent) geringer als unter allen...

In this study, we examine the crucial question whether the presence of female directors in the compensation committee (CC) improves the committee objectivity (i.e., paying executives for performance) in context of three countries namely Australia, China, and Pakistan. Using the data of public...