Examining the effect of hedge fund activism on gender diversity, we find that the number of female directors decreases after a firm is targeted by hedge fund activism. Using the employment history data from BoardEx, we find that activist hedge funds are more likely to appoint people with finance...

This paper investigates the link between gender diversity in senior management and firm-level productivity. For this purpose, it constructs a novel cross-country dataset with information on firms’ senior management group and other firm characteristics, covering both publicly listed and...

Greater gender diversity of the IMF's Executive Board continues to be important to strengthen decision-making at the highest levels of the institution by bringing together different perspectives. Increasing the number of women Executive Directors and Alternate Executive Directors sends important...