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- W2368524409 abstract "Gender based diversity of the board is a central theme in the efforts of governance reform worldwide. This paper examines the effects of gender based diversity of the boards on the quality of informativeness of stock prices. The results show that:(1) stock prices of firms with gender-diverse boards reflect more firm-specific information.(2) There is stronger positive link between gender diversity in the corporate boards and information reflected by stock prices when the quality of earnings is lower. This suggests that firms with weak information environment could partially correct it by appointing more female directors.(3) When the institutional investors hold greater stock ownership, the association of more female directors and the greater information reflected through stock price is stronger." @default.
- W2368524409 created "2016-06-24" @default.
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- W2368524409 date "2014-01-01" @default.
- W2368524409 modified "2023-09-25" @default.
- W2368524409 title "Gender Based Diversity of the Board and the Availability of Information in Relation to Stock Prices" @default.
- W2368524409 hasPublicationYear "2014" @default.
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