全球智库信息集成服务系统(G2TT): DP15257 Gender Diversity Goals, Supply Constraints, and the Market for Seasoned Female Directors: The U.S. Evidence

G2TT

来源类型	Discussion paper
规范类型	论文
来源ID	DP15257
	DP15257 Gender Diversity Goals, Supply Constraints, and the Market for Seasoned Female Directors: The U.S. Evidence
	Patricia Boyallian; Sudipto Dasgupta; Swarnodeep Homroy
发表日期	2020-09-05
出版年	2020
语种	英语
摘要	We show that over the last decade, growing public pressure for board gender diversity and awareness of gender equality issues in the U.S. has manifested in “seasoned” female board members accumulating multiple board appointments at a rate faster than seasoned male directors. The larger firms have been the most active in attracting seasoned female directors, at the expense of the smaller firms. This has likely contributed to the smaller firms lagging behind the larger firms in the pursuit of more gender balance. Our evidence is highly consistent with “supply constraints”, as reflected in high costs of recruiting first-time female directors, which the larger firms manage to avoid and the smaller firms find too costly to incur. Gender quota mandates are likely to expose the smaller firms even more to these costs; however, the absence of mandates may also not be optimal. Given growing public pressure, it may be necessary to mandate that larger firms maintain the ratio of first-time to seasoned female appointments above some level.
主题	Financial Economics
关键词	Board gender diversity Gender quota Supply constraints Labor market for directors
URL	https://cepr.org/publications/dp15257
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/544232
推荐引用方式 GB/T 7714	Patricia Boyallian,Sudipto Dasgupta,Swarnodeep Homroy. DP15257 Gender Diversity Goals, Supply Constraints, and the Market for Seasoned Female Directors: The U.S. Evidence. 2020.