The latent function of sex segregation in the Japanese business system -- The Japanese way of change : recasting institutional coordination, sustaining gender inequality -- Studying sex segregation in five Japanese companies -- Women as cheap labor : salaries, promotions, ghettos, and the...

In this paper, we use event studies to estimate the effects of changes to a public firm's board of trustees on stock returns. The goal is to determine whether the gender of an incoming board member is perceived differently by investors. Scholarly findings on gender and leadership have been mixed...