IRMA-International.org: Creator of Knowledge
Information Resources Management Association
Advancing the Concepts & Practices of Information Resources Management in Modern Organizations

Corporate Female Leadership Effects Considering PSI20 and IBEX35 Companies' Performance

Corporate Female Leadership Effects Considering PSI20 and IBEX35 Companies' Performance
View Sample PDF
Author(s): Mara Madaleno (University of Aveiro, Portugal), Elisabete S. Vieira (University of Aveiro, Portugal)and João P. C. Teodósio (Instituto Politécnico de Santarém, Portugal)
Copyright: 2019
Pages: 22
Source title: Handbook of Research on Women in Management and the Global Labor Market
Source Author(s)/Editor(s): Elisabeth T. Pereira (University of Aveiro, Portugal)and Paola Paoloni (Sapienza University of Rome, Italy)
DOI: 10.4018/978-1-5225-9171-9.ch014

Purchase

View Corporate Female Leadership Effects Considering PSI20 and IBEX35 Companies' Performance on the publisher's website for pricing and purchasing information.

Abstract

Using a sample of 47 Portuguese and Spanish firms for the period 2010 to 2017, the authors study the relationship between female presence on board and firm's accounting (ROA and ROE) and market-based (MTB and Tobin's Q) performance. They find that women on the board of directors is positively related to firm's performance, as well as the gender of the CFO and the proportion of women on the listed key professionals, when we consider the market measures of performance, not being so consistent for accounting performance measures. Results were sensitive to the performance measure used. The results reinforce the political options of European Commission gender established quotas, revealing that in the Iberian countries these quotas are not being effectively implemented, even if results suggest that women on board in fact exert positive influence over market performance. This also led us to think that financial markets may also react in a positive way when the CFO of the company is a woman instead of a man, despite the sample limitations both in terms of gender and number of firms.

Related Content

Sonal Linda. © 2024. 24 pages.
Yasmin Yousaf Mossa, Peter Smith, Kathleen Ann Bland. © 2024. 40 pages.
Ugochukwu Okwudili Matthew, Jazuli Sanusi Kazaure, Charles Chukwuebuka Ndukwu, Godwin Nse Ebong, Andrew Chinonso Nwanakwaugwu, Ubochi Chibueze Nwamouh. © 2024. 29 pages.
Shruti Jose, Priyakrushna Mohanty. © 2024. 20 pages.
Richa Srishti. © 2024. 15 pages.
Aleksei Alipichev, Liudmila Nazarova, Yana Chistova. © 2024. 21 pages.
Mustafa Öztürk Akcaoğlu, Burcu Karabulut Coşkun. © 2024. 18 pages.
Body Bottom