Women in the Boardroom and Their Impact on Governance and Performance
@article{Adams2008WomenIT, title={Women in the Boardroom and Their Impact on Governance and Performance}, author={R. B. Adams and Daniel Ferreira}, journal={Journal of Financial Economics}, year={2008}, volume={94}, pages={291-309} }
We show that female directors have a significant impact on board inputs and firm outcomes. In a sample of US firms, we find that female directors have better attendance records than male directors, male directors have fewer attendance problems the more gender-diverse the board is, and women are more likely to join monitoring committees. These results suggest that gender-diverse boards allocate more effort to monitoring. Accordingly, we find that chief executive officer turnover is more… CONTINUE READING
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