Gender quotas and company financial performance: A systematic review
Jeong Jin Yu and
Guy Madison
Economic Affairs, 2021, vol. 41, issue 3, 377-390
Abstract:
Several countries have mandated sex quotas on corporate boards of directors. We systematically reviewed empirical studies that compared company profitability and financial performance before and after introducing legislated quotas. The search yielded 348 unique hits and nine studies were retained, including 20 effects. Four were null, 11 were negative, and five were positive, all of the latter for Italian and French companies. We conclude that quotas for women on corporate boards have mainly decreased company performance and that several moderating factors must be taken into account when assessing causal effects of quotas on company performance.
Date: 2021
References: Add references at CitEc
Citations: View citations in EconPapers (4)
Downloads: (external link)
https://doi.org/10.1111/ecaf.12487
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:bla:ecaffa:v:41:y:2021:i:3:p:377-390
Ordering information: This journal article can be ordered from
http://www.blackwell ... bs.asp?ref=0265-0665
Access Statistics for this article
Economic Affairs is currently edited by Philip Booth
More articles in Economic Affairs from Wiley Blackwell
Bibliographic data for series maintained by Wiley Content Delivery (contentdelivery@wiley.com).