The effect of gender on stock price reaction to the appointment of directors: the case of the FTSE 100

Brian Lucey and Brenda Carron

Applied Economics Letters, 2011, vol. 18, issue 13, 1225-1229

Abstract: We examine the effect of the appointment of directors on the share price of FTSE companies. We find that the share price reaction to the appointment of directors suggests that gender is not an issue in the appointment of nonexecutive directors, but it does have an effect on the market reaction to the appointment of executive directors.

Keywords: FTSE 100; gender; directors; event study (search for similar items in EconPapers)
Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:taf:apeclt:v:18:y:2011:i:13:p:1225-1229

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DOI: 10.1080/13504851.2010.532095

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