Using a large firm-level dataset from the World Bank Business Enterprise Surveys over the period 2006---2019, we conduct a country-by-country analysis to better understand the countries driving the contentious finance-gender gap. Our results show that the finance-gender gap is only significant...

When board gender quotas clash with gender stereotypes prevailing within an organization, do they trigger backlash and lead to worse female labor market outcomes? We examine staggered adoptions of quotas in Europe and document a significant drop in the share of female employment. Applying...

This paper analyzes the effect of California’s gender quotas on corporate strategy and the representation of women in managerial positions. We find that affected firms adopt a long-term orientation by increasing their expenditures on research and development, organizational capital, and...

Diversity and inclusion (D&I) is becoming an essential factor for many workers. Yet, little is known about what drives the significant variation in firm D&I. This paper identifies CEOs' early-life exposure to community diversity as an important factor associated with more D&I policies, more...

Workers care deeply about job and pay stability. Given potentially differing risk attitudes, we investigate whether firm wage and employment insurance enjoyed by workers differs by gender. We find that women are less protected than men against idiosyncratic shocks to their employers---a gender...

We study the relation between board gender diversity and initial public offering (IPO) price formation. We find that IPOs experience significantly greater underpricing when the firm’s board has at least one female director, relative to when no women sit on the board. The underpricing effect is...

This study investigates boards of (non-executive) directors and whether employee representation has a positive effect on gender diversity on boards. We exploit rich, newly assembled board–director matched panel data for Norway and Germany, which contain unique information on whether a director...

We assess the role of women in bank boardrooms in a sample of 461 large banks from OECD countries. After controlling for bank and country specific effects, we find that women's participation in boardrooms, both presence and percentage, has a positive influence on the return equity, the return on...

This paper develops a framework for studying individuals' ideas about what constitutes just compensation for chief executive officers (CEOs) and reports estimates of just CEO pay and the principles guiding ideas of justice. The sample consists of students pursuing a Master of Business...

El mandato que el artículo 129.2 de la Constitución dirige a los poderes públicos, de fomentar mediante una legislación adecuada las sociedades cooperativas, se está ejecutado mediante la regulación descentralizada de todo el ámbito sustantivo en cada una de las Comunidades Autónomas,...