Does board gender diversity affect firm risk-taking? Evidence from the French stock market
Maria Giuseppina Bruna (),
Marie-José Scotto and
Aymen Ammari ()
Additional contact information
Maria Giuseppina Bruna: IPAG Business School
Rey Dang: ISTEC
Marie-José Scotto: IPAG Business School
Journal of Management & Governance, 2019, vol. 23, issue 4, No 6, 915-938
Abstract Drawing from a sample of French companies that made up the SBF 120 index over the period 2006–2010 (before the enactment of the Copé–Zimmermann law on gender quotas on boards), this paper investigates the relationship between board gender diversity and firm risk-taking (measured by the variability of the return on assets). Using a generalized method of moments estimation, no evidence is found to support the assumption of a significant relationship between women on corporate boards and firm risk-taking. These results potentially can be relevant for policy makers and academic research.
Keywords: Women on corporate boards; Risk-taking; Gender diversity; Endogeneity (search for similar items in EconPapers)
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed
Downloads: (external link)
http://link.springer.com/10.1007/s10997-019-09473-1 Abstract (text/html)
Access to full text is restricted to subscribers.
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:kap:jmgtgv:v:23:y:2019:i:4:d:10.1007_s10997-019-09473-1
Ordering information: This journal article can be ordered from
http://www.springer. ... 29/journal/10997/PS2
Access Statistics for this article
Journal of Management & Governance is currently edited by Lino Cinquini
More articles in Journal of Management & Governance from Springer, Accademia Italiana di Economia Aziendale (AIDEA) Contact information at EDIRC.
Bibliographic data for series maintained by Sonal Shukla ().