Abstract

http://ssrn.com/abstract=780910
 
 

References (25)



 
 

Citations (20)



 


 



Do Women in Top Management Affect Firm Performance? A Panel Study of 2500 Danish Firms


Nina Smith


University of Aarhus - Department of Economics; Institute for the Study of Labor (IZA)

Valdemar Smith


University of Aarhus - Business and Social Sciences

Mette Verner


University of Aarhus - Centre for Research in Social Integration and Marginalization (CIM)

August 2005

IZA Discussion Paper No. 1708

Abstract:     
Corporate governance literature argues that board diversity is potentially positively related to firm performance. This study examines the relationship in the case of women in top executive jobs and on boards of directors. We use data for the 2500 largest Danish firms observed during the period 1993-­2001 and find that the proportion of women in top management jobs tends to have positive effects on firm performance, even after controlling for numerous characteristics of the firm and direction of causality. The results show that the positive effects of women in top management depend on the qualifications of female top managers.

Number of Pages in PDF File: 37

Keywords: firm performance, female CEOs, board diversity, gender diversity

JEL Classification: G38, J16, M14

working papers series


Download This Paper

Date posted: August 11, 2005  

Suggested Citation

Smith, Nina and Smith, Valdemar and Verner, Mette, Do Women in Top Management Affect Firm Performance? A Panel Study of 2500 Danish Firms (August 2005). IZA Discussion Paper No. 1708. Available at SSRN: http://ssrn.com/abstract=780910

Contact Information

Nina Smith (Contact Author)
University of Aarhus - Department of Economics ( email )
Universitetsparken
DK-8000 Aarhus C
Denmark
+45 8948 6413 (Phone)
+45 8615 5175 (Fax)
Institute for the Study of Labor (IZA)
P.O. Box 7240
Bonn, D-53072
Germany
Valdemar Smith
University of Aarhus - Business and Social Sciences ( email )
Building 1326, room 111
DK-8210 Aarhus, 8210
Denmark
Mette Verner
University of Aarhus - Centre for Research in Social Integration and Marginalization (CIM) ( email )
DK-8210 Aarhus V
Denmark
+45 8948 6416 (Phone)
+45 8615 5175 (Fax)
Feedback to SSRN


Paper statistics
Abstract Views: 3,876
Downloads: 981
Download Rank: 10,983
References:  25
Citations:  20

© 2014 Social Science Electronic Publishing, Inc. All Rights Reserved.  FAQ   Terms of Use   Privacy Policy   Copyright   Contact Us
This page was processed by apollo8 in 0.421 seconds