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-listed banks belonging to listed groups or along other board diversity dimensions. Using administrative data, we compare diversity … introduction of the law, in a difference-in-differences specifi- cation. We find that the imposition of the gender quota only … non-listed banks in listed groups. The law enhanced diversity of boards of listed banks, also along individual …
Persistent link: https://www.econbiz.de/10014464360
We study the impact of a 2011 law on the diversity of bank boards. The law required all listed companies in Italy … measures of diversity of boards of listed and unlisted banks belonging to listed groups with those of institutions included in …
Persistent link: https://www.econbiz.de/10014354403
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
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
This paper examines the effect of executive board gender diversity on the relationship between economic policy … as gender diversity of the board increases. We attribute this finding to the moderating influence of gender diversity on … stability and overreaction in decision-making. Additionally, we find that the channel through which board gender diversity …
Persistent link: https://www.econbiz.de/10013417492
Persistent link: https://www.econbiz.de/10014553213
In 2011, Italy introduced gender quotas for boards of directors of companies listed on its stock market. Comparing … the stock price reaction to the introduction of gender quotas. A positive effect of the quota law on stock market returns … emerges at the date of the board's election. Our results are consistent with gender quotas giving rise to a beneficial …
Persistent link: https://www.econbiz.de/10012979668
In 2011, Italy introduced gender quotas for boards of directors of companies listed on its stock market. Comparing … the stock price reaction to the introduction of gender quotas. A positive effect of the quota law on stock market returns … emerges at the date of the board's election. Our results are consistent with gender quotas giving rise to a beneficial …
Persistent link: https://www.econbiz.de/10012982112
We develop a theory of bank board risk committees. With this theory, such committees are valuable even though there is no expectation that bank risk is lower if the bank has a well-functioning risk committee. As predicted by our theory (1) many large and complex banks voluntarily chose to have a...
Persistent link: https://www.econbiz.de/10012816376
gender ratio results in a greater impact on bank performance and risk taking. This supports the argument to increase gender … diversity in executive level positions for females. …
Persistent link: https://www.econbiz.de/10010783687