L 新闻中心
联系我们 | contacts us


您现在的位置: 首页 > 新闻中心 > 正文

【11月23日】【互联网与数字经济系列讲座】Does Mandating Women on Corporate Boards Backfire?

2022-11-19 16:12      


讲座摘要: Despite a growing number of countries mandating women on corporate boards, little is known about the impact of these mandates on gender equality outside the boardroom. Exploiting the staggered adoptions of board gender quotas across Europe, we document a significant post-quota drop in the share of female employment across countries and industries. To shed light on the underlying mechanism, we apply textual analysis to job ads in the US to detect gender biases and quantify firms’ labor demand reference for different genders. We find that firms with a high female director share write less female-friendly job ads, discouraging female job applicants. This is especially true for lower-tier jobs, jobs in firms without female top executives, or jobs in industries with little product market competition. Tracking changes around the 2018 California board gender diversity statute for firms headquartered in and outside California reveals causal evidence that mandating women on corporate boards reduces firms’ demand for female labor. Overall, our results highlight that board gender quotas can trigger a backlash among firms, dampening female labor market participation.


线上会议:腾讯会议(会议号:413 488 123)

主讲人简介: 李凯教授是加拿大英属哥伦比亚大学尚德商学院讲席教授,Journal of Financial and Quantitative AnalysisReview of Financial StudiesJournal of Corporate FinanceJournal of Financial StabilityReview of FinanceJournal of Banking and FinanceFinancial Management等杂志的副主编。近年来她Journal of FinanceJournal of Corporate FinanceJournal of Financial and Quantitative Analysis等国际知名学术期刊上发表了多篇论文并在众多国际会议上获得最佳论文奖等奖项