G2TT
来源类型Discussion paper
规范类型论文
来源IDDP14703
DP14703 Gender, Culture, and Firm Value: Evidence from the Harvey Weinstein Scandal and the #MeToo Movement
Karl Lins; Lukas Roth; Henri Servaes; Ane Tamayo
发表日期2020-05-04
出版年2020
语种英语
摘要During the revelation of the Weinstein scandal and the emergence of the #MeToo movement, firms with a culture of ethical behavior toward women, proxied by having women among their five highest paid executives, earned excess returns of close to 1.5% per highly-paid female executive. These returns were followed by positive revisions in analyst earnings forecasts. Firms in industries with more women executives, or headquartered in states with lower levels of sexism or gender pay gap, also earned excess returns of around 1.5% during these event windows. There is no relation between event returns and female board membership.
主题Financial Economics
URLhttps://cepr.org/publications/dp14703
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/543620
推荐引用方式
GB/T 7714
Karl Lins,Lukas Roth,Henri Servaes,et al. DP14703 Gender, Culture, and Firm Value: Evidence from the Harvey Weinstein Scandal and the #MeToo Movement. 2020.
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