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This paper studies the turnover of board of directors members in a sample of 72 companies listed on the Milan Stock Exchange during the period 1988-1996. We investigate whether board members change more frequently when company performance is poor, as the literature suggests, and whether and how...
Persistent link: https://www.econbiz.de/10010276137
This paper studies the turnover of board of directors members in a sample of 72 companies listed on the Milan Stock Exchange during the period 1988-1996. We investigate whether board members change more frequently when company performance is poor, as the literature suggests, and whether and how...
Persistent link: https://www.econbiz.de/10005566811
. Using multiple identification approaches, alternative measures of gender diversity, and several performance indicators, we …This paper studies economic effects of the gender composition of corporate boards, employing a new and unique … find some evidence that companies with gender-diverse boards have higher market values and better profitability. These …
Persistent link: https://www.econbiz.de/10012059087
The paper explores the impact of the gender composition of Boards of Directors on gender diversity and earnings gaps … positive spillovers on the gender gaps within the firms. Quality is viewed as the power, conceptualized as the possible … negative impact. However, male directors' connections to females positively decrease the gender gaps. Interestingly, the …
Persistent link: https://www.econbiz.de/10015166233
The paper examines if workplace gender diversity offers some explanation for the decline of unions in Britain. Using … between workplace union density and gender diversity. Gender and ownership status based sub-group analyses suggest the inverse … positive link between workplace union density and gender diversity in workplaces with a female majority. The findings in this …
Persistent link: https://www.econbiz.de/10010282127
female labor forces. We also find that the positive influence of women in top leadership positions on managerial gender … diversity diminishes over time, suggesting that women at the top play a positive but transitory role in women's career …
Persistent link: https://www.econbiz.de/10010282267
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/10014469498
This paper analyzes the determinants of women on the boards of directors based on a panel sample of all Danish companies in the private sector with more than 50 employees. The share of women on the boards of directors was 12 percent in 2007 and has only slowly increased during the period...
Persistent link: https://www.econbiz.de/10010329164
In late 2003, Norway passed a law mandating 40 percent representation of each gender on the board of publicly limited … corporate sector and decrease gender disparity in earnings within that sector. We document that the newly (post …-reform) appointed female board members were observably more qualified than their female predecessors, and that the gender gap in …
Persistent link: https://www.econbiz.de/10010377365
In 2002, an amendment to UK parliamentary regulations removed restrictions on the participation of members of parliament (MPs) in parliamentary proceedings related to their corporate interests. Using this amendment as a quasi-natural experiment, we demonstrate gains in firm value and...
Persistent link: https://www.econbiz.de/10012270070