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    Title: Common Ownership Networks and the Expansion of Female Board Representation
    Authors: 邱健嘉
    Chiou, Calvin
    Contributors: 財管系
    Date: 2024-10
    Issue Date: 2024-11-15 10:24:04 (UTC+8)
    Abstract: This study investigates the potential of common ownership to expand the pool of female director candidates and alleviate the underrepresentation of women on corporate boards. Using the California Senate Bill No. 826 and peer female director appointments as quasi-experimental settings, our findings demonstrate that firms under common ownership exhibit greater female board representation and a higher propensity to appoint new female directors. Furthermore, these firms show an increased likelihood of women attaining leadership positions on board committees. Our results remain robust to accounting for the activeness of the Big Three, underscore the network effect of common ownership on the supply side of the labor market for female directors.
    Relation: INFORMS Annual Meeting, Institute for Operations Research and the Management Sciences
    Data Type: conference
    Appears in Collections:[Department of Finance] Proceedings

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