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Despite a conventional wisdom that female board members positively impact firm performance, a thorough examination of the research to date reveals no consensus that female board members have either a positive or negative effect on firm performance. We build the largest dataset of Australian...
Persistent link: https://www.econbiz.de/10014431554
We examine how boardroom gender diversity reforms impact the monitoring role of institutional investors. Using reforms … from 25 countries that aim to improve gender diversity on boards, we find that the reforms increase the association between …, our findings suggest that boardroom gender diversity reforms empower socially conscious foreign institutional investors to …
Persistent link: https://www.econbiz.de/10013294552
Arguments for increasing gender diversity on boards of directors range from ensuring equal opportunity to improving … firm performance, but the empirical results are mixed and often negative. Current research does not justify gender quotas …
Persistent link: https://www.econbiz.de/10011413656
The popular and academic literatures report that women, Blacks, Hispanics, and Native Americans are under-represented on US corporate boards of directors, relative to their incidence in the US labor force. We confirm this observation by tabulating the presence of female and under-represented...
Persistent link: https://www.econbiz.de/10012838014
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
study how gender relates to the role of connections: how do connected female versus male board members affect banks …
Persistent link: https://www.econbiz.de/10014355737
The current study investigates how board gender diversity moderates the relationship between corporate governance … observations. Panel data models are used in the analyses. The study finds that, board gender diversity matters and significantly … board gender diversity. The current study is the first African multi-cross-country study to introduce gender diversity as a …
Persistent link: https://www.econbiz.de/10014460810
This paper studies economic effects of the gender composition of corporate boards, employing a new and unique …. Using multiple identification approaches, alternative measures of gender diversity, and several performance indicators, we … find some evidence that companies with gender-diverse boards have higher market values and better profitability. These …
Persistent link: https://www.econbiz.de/10012868825
We study the long-term effect of gender quotas in India, the first country with strong patriarchal norms to mandate … similar quality as the marginal male director. We also find that the gender gap in director remuneration decreases from 30% to … 3%. Overall, our results suggest that introducing gender quotas in environments with strong patriarchal norms can deepen …
Persistent link: https://www.econbiz.de/10013245284
Extant literature on board gender diversity focuses on the main pillars of sustainability while ignoring the important … provide novel empirical evidence that board gender diversity significantly reduces (increases) waste generation (waste … sustainable compensation policies. Our analysis also shows that waste management activities of gender-diverse boards accompany the …
Persistent link: https://www.econbiz.de/10013294145