Diversity

Working Paper

Gender, Culture, and Firm Value: Evidence from the Harvey Weinstein Scandal and the #MeToo Movement

During the revelation of the Weinstein scandal and the emergence of the #MeToo movement, firms with a corporate culture that does not discriminate on the basis of sex, proxied by having women among the five highest paid executives, earn excess...Read more

Lukas Roth
Henri Servaes
07 May 2020

Closing the Gap: Gender Quotas and Corporate Board Composition

We study the impact of board gender quotas on firms’ hiring and retention practices. We find that female director retention rates increase following the introduction of a quota in France in 2011, with stronger effects observed among less gender-...Read more

Daniel Ferreira
Marie-Aude Laguna
Yasmine Skalli
01 August 2017

Does It Pay to Go Global in the Boardroom? The Effect of Foreign Directors on Corporate Governance and Performance

We examine the benefits and costs associated with foreign independent directors (FIDs) at U.S. corporations. We find that firms with FIDs make better cross-border acquisitions when the targets are from the home regions of FIDs. However, FIDs also...Read more

Ronald Masulis
Fei Xie
01 November 2009

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