Author : Lone Engbo Christiansen
Publisher : International Monetary Fund
ISBN 13 : 1513553283
Total Pages : 29 pages
Book Rating : 4.5/5 (135 download)
Book Synopsis Gender Diversity in Senior Positions and Firm Performance by : Lone Engbo Christiansen
Download or read book Gender Diversity in Senior Positions and Firm Performance written by Lone Engbo Christiansen and published by International Monetary Fund. This book was released on 2016-03-07 with total page 29 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper examines the link between gender diversity in senior corporate positions and financial performance of 2 million companies in Europe. We document a positive association between corporate return on assets and the share of women in senior positions and establish two potential channels through which gender diversity may affect firm performance. The positive correlation is more pronounced in, first, sectors where women form a larger share of the labor force (such as the services sector) and, second, where complementarities in skills and critical thinking are in high demand (such as high-tech and knowledge-intensive sectors).