Two Issues on Gender Differences in Corporate Finance(2/2)

Project Details

Description

The effect of gender differences in the top of an organization on government and corporate policies are mixed and unclear in literature. We attempt to investigate the effect of gender differences by using two quasi-natural experiments of ascensions of chairwoman and female leadership position in Congress and the passage of female director quota legislation in California. We expect that (i) the appointments of chairwoman or female leadership in Congress would make significant changes in government policies and in turn firm policies including firm value and operating performance and (ii) the passage of gender quota in the boardroom for California firms would results in worse firm value and operating performance than firms in other states, and skill mismatching induced by the passage would be the main reason.
StatusActive
Effective start/end date1/08/2131/07/22

UN Sustainable Development Goals

In 2015, UN member states agreed to 17 global Sustainable Development Goals (SDGs) to end poverty, protect the planet and ensure prosperity for all. This project contributes towards the following SDG(s):

  • SDG 5 - Gender Equality
  • SDG 16 - Peace, Justice and Strong Institutions
  • SDG 17 - Partnerships for the Goals

Keywords

  • Congressional legislation
  • Government spending
  • Board composition
  • Directors
  • Gender differences
  • Corporate behavior
  • Skill mismatching
  • Firm value
  • Operating performance

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