The Changing of the Boards: The Impact on Firm Valuation of Mandated Female Board Representation

In 2003, a new law required that 40% of Norwegian firms' directors be women--at the time only 9% of directors were women. We use the prequota cross-sectional variation in female board representation to instrument for exogenous changes to corporate boards following the quota. We find that the co...

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Bibliographic details
Volume: 127
Main Author: Ahern, Kenneth R
Dittmar, Amy K
Format: Journal Article
Language: English
Place of publication: Oxford University Press 2012
published in: The Quarterly Journal of Economics Vol. 127; no. 1; pp. 137 - 197
Data of publication: 2012
Series: The Quarterly Journal of Economics
Online Access: available in Bonn?
Database: RePEc
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