讲座摘要：Using novel firm- and facility-level measures of corporate environmental performance over the period 2002–2021, we establish a positive association between board gender diversity and corporate environmental performance. For identification, we exploit cross-sectional variations in opportunities for women in states where directors went to college and temporal variations in discrimination against women when directors were college age, and the California law change in 2018 mandating female directors for firms headquartered in California. In terms of channels, we show that female directors bring more expertise on sustainability in boardrooms than male directors, that female directors are more likely to sit on sustainability committees and key monitoring committees than male directors, and that boards with more female directors are more likely to link top executives’ compensation to corporate ESG performance. We conclude that there are important environmental benefits for boards to be gender diverse.
线上会议：腾讯会议（会议号：881 643 259）
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 Analysis、Review of Financial Studies、Journal of Corporate Finance、Journal of Financial Stability、Review of Finance、Journal of Banking and Finance、Financial Management等杂志的副主编。近年来她在Journal of Finance，Journal of Corporate Finance，Journal 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。