The Effect of Gender on Stock Price Reaction to the Appointment of Directors: The Case of the FTSE 100

13 Pages Posted: 4 Mar 2011

See all articles by Brian M. Lucey

Brian M. Lucey

Trinity Business School, Trinity College Dublin; University of Sydney Business School; University of Economics Ho Chi Minh City

Brenda L. Carron

affiliation not provided to SSRN

Date Written: March 3, 2011

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 Non-Executive Directors, but it does have an effect on the market reaction to the appointment of Executive Directors.

Keywords: FTSE 100, Gender, Directors, Event Study

JEL Classification: G14, G30, J16

Suggested Citation

Lucey, Brian M. and Carron, Brenda L., The Effect of Gender on Stock Price Reaction to the Appointment of Directors: The Case of the FTSE 100 (March 3, 2011). Available at SSRN: https://ssrn.com/abstract=1776202 or http://dx.doi.org/10.2139/ssrn.1776202

Brian M. Lucey (Contact Author)

Trinity Business School, Trinity College Dublin ( email )

The Sutherland Centre, Level 6, Arts Building
Dublin 2
Ireland
+353 1 608 1552 (Phone)
+353 1 679 9503 (Fax)

University of Sydney Business School ( email )

Cnr. of Codrington and Rose Streets
Sydney, NSW 2006
Australia

University of Economics Ho Chi Minh City ( email )

59C Nguyen Dình Chieu
6th Ward, District 3
Ho Chi Minh City, Ho Chi Minh 70000
Vietnam

Brenda L. Carron

affiliation not provided to SSRN ( email )

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