Showing 31 - 40 of 164,429
We examine the impact of the COVID-19 pandemic on CDS spreads of companies around the world. We find that the pandemic-induced increases in corporate CDS spreads are concentrated in firms with higher leverage, non-investment-grade rating, lower profitability, and higher stock volatility. Further...
Persistent link: https://www.econbiz.de/10013222396
corporate ownership is largely separated from control, and contributes meaningfully to the recently growing literature on gender …
Persistent link: https://www.econbiz.de/10012940287
Using detailed employee-employer administrative data, we analyze the impact of the gender pay gap on the performance of … firms and find that it depends on the presence of labor unions. When the firm is not unionized, the gender pay gap reduces … profitability. In contrast, when unions are present, the gender gap has no effect on profitability in male-dominated firms and …
Persistent link: https://www.econbiz.de/10012844104
We study the effect of corporate board gender quotas on firm performance in Belgium, France, Italy and Spain. The … double and triple difference estimators with ex-ante matching. We find that gender quotas had either a negative or an … productivity. We then focus on Italy and offer possible explanations for the positive effect of gender quotas using detailed …
Persistent link: https://www.econbiz.de/10012952228
Board room quotas have recently received an increasing amount of attention. This paper provides novel evidence on firm performance from an exogenous change in female board participation in Sweden. We use the credible threat, aimed at listed firms, of a quota law enacted by the Swedish deputy...
Persistent link: https://www.econbiz.de/10012958385
the assumption that gender balanced boards result in improved corporate governance and performance. The investigation of … objective of one-third of the corporate board seats for members of the under-represented gender, lowered to one-fifth for the … analyzing both the effectiveness of the Law in terms of its impact on boardroom gender diversity and on other board attributes …
Persistent link: https://www.econbiz.de/10012910901
Firms may have gender differences in governance characteristics, which may lead to differences in the firms … in the way credit is allocated according to the gender of managers in the firms and that women-led firms are more …
Persistent link: https://www.econbiz.de/10012977449
In 2018, California became the first U.S. state to introduce a mandatory board gender quota for all firms headquartered … returns of -2.6% to the adoption of the gender quota for California firms and large spillover effects of -1.9% for non … non-California firms in states that followed California's legislative lead in the past by, e.g., introducing gender quota …
Persistent link: https://www.econbiz.de/10012050886
Board room quotas have recently received an increasing amount of attention. This paper provides novel evidence on firm performance from an exogenous change in female board participation in Sweden. We use the credible threat, aimed at listed firms, of a quota law enacted by the Swedish deputy...
Persistent link: https://www.econbiz.de/10011641946
In this research study, we seek to examine whether US public companies with gender diverse boards report better long …-term, non-financial and financial performance. Using observations from 2003 to 2012, we find that gender diversity on corporate … regulators globally seeking to mandate gender diversity in corporate boardrooms …
Persistent link: https://www.econbiz.de/10013230573