Arbeitspapier
Gender quotas and support for women in board elections
We study shareholder support for corporate board nominees before and after the 2018 California gender quota. Pre-quota, new female nominees received greater support than new male nominees, consistent with women being held to a higher standard. Post-quota, as the number of women increased, support for new (mandated) female nominees decreased to the same level of, but not lower than, the support that new male nominees enjoy. Still, share prices reacted negatively to the quota. We show that this reaction was concentrated in firms that did not turn over their least-supported male directors when adding women to comply with the quota.
- Sprache
-
Englisch
- Erschienen in
-
Series: IFN Working Paper ; No. 1425
- Klassifikation
-
Wirtschaft
Corporate Finance and Governance: General
Mergers; Acquisitions; Restructuring; Voting; Proxy Contests; Corporate Governance
Corporate Finance and Governance: Government Policy and Regulation
Economics of Gender; Non-labor Discrimination
Human Rights Law; Gender Law
- Thema
-
Board of directors
Gender quota
Regulation
Corporate Governance
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Gertsberg, Marina
Mollerstrom, Johanna
Pagel, Michaela
- Ereignis
-
Veröffentlichung
- (wer)
-
Research Institute of Industrial Economics (IFN)
- (wo)
-
Stockholm
- (wann)
-
2022
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:42 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Gertsberg, Marina
- Mollerstrom, Johanna
- Pagel, Michaela
- Research Institute of Industrial Economics (IFN)
Entstanden
- 2022
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