at Google ScholarTitle data
Loy, Thomas ; Rupertus, Hendrik:
How Does the Stock Market Value Female Directors? International Evidence.
In: Business & Society.
Vol. 61
(2022)
Issue 1
.
- pp. 117-154.
ISSN 1552-4205
DOI: https://doi.org/10.1177/0007650320949839
Abstract in another language
We analyze investors’ perception and long-term effects of board gender diversity on firms’ stock market performance in an international setting. Our results, controlling for the endogenous nature of board compositions, indicate that female board representation neither improves nor reduces firms’ long-term stock performance. Hence, we argue that it is imperative to go beyond the conventional thinking in terms of the business case for gender diversity and broaden the perspective also to incorporate societal and ethical aspects in the strive to board gender equality. Even more so, as our results show that it does not entail reduced shareholder value, which the literature on mandatory gender quotas commonly seems to suggest.
Further data
| Item Type: | Article in a journal |
|---|---|
| Refereed: | Yes |
| Institutions of the University: | Faculties > Faculty of Law, Business and Economics > Department of Business Administration > Chair Business Administration X - International Financial Reporting Faculties > Faculty of Law, Business and Economics > Department of Business Administration > Chair Business Administration X - International Financial Reporting > Chair Business Administration X - International Financial Reporting - Univ.-Prof. Dr. Rolf Uwe Fülbier |
| Result of work at the UBT: | Yes |
| DDC Subjects: | 300 Social sciences > 330 Economics |
| Date Deposited: | 02 Mar 2023 09:46 |
| Last Modified: | 02 Mar 2023 09:46 |
| URI: | https://eref.uni-bayreuth.de/id/eprint/74057 |