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Using Glassdoor data we show that women are less satisfied at work than men and that female and male employees differ in their workplace preferences. In particular, female employees care more about work-life balance but this difference vanishes at the manager level, illustrating the role of...
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We show evidence that female board representation is associated with greater innovative success, and thus enhances firm performance in innovation-intensive industries. Firms with female directors tend to invest more in innovation and obtain more patents and citations for given R&D expenditures....
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Non-compliant firms required to raise board independence by the 2003 NYSE and NASDAQ listing rules significantly increased their dividend payouts and held less cash reserves. As the crisis unfolded, they were more likely to reduce investment and ultimately under-performed compliant firms. The...
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