() and Niklas Rudholm
Sven-Olov Daunfeldt: HUI Research, Postal: Regeringsgatan 60, 103 29 Stockholm, Sweden, University of Dalarna, SE-781 88 Borlänge , Sweden,
Niklas Rudholm: HUI Research, Postal: Regeringsgatan 60, 103 29 Stockholm, Sweden, University of Dalarna, SE-781 88 Borlänge , Sweden,
Abstract: The purpose of this paper is to investigate whether increasing gender diversity on the board of directors improves firm perfomance, using a data-set of 20,487 limited companies in Sweden during 1997-2005. We use a random-effects random-coefficients model to account for unobserved firm heterogenity. More gender diversity in the boardroom is found to have a negative impact on returns on total assets after two years. Thus, legal requirements to increase gender diversity on the board of directors might carry a cost in lower profitability.
52 pages, April 11, 2012
Full text files
Questions (including download problems) about the papers in this series should be directed to Helena Nilsson ()
Report other problems with accessing this service to Sune Karlsson ().
This page generated on 2018-02-05 20:50:23.