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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Volume: | 127 |
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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 RePEc IDEAS Database information Databases - DBIS |