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Gender Diversity in Senior Positions and Firm Performance

Gender Diversity in Senior Positions and Firm Performance PDF Author: Lone Engbo Christiansen
Publisher: International Monetary Fund
ISBN: 1513553283
Category : Social Science
Languages : en
Pages : 29

Book Description
This paper examines the link between gender diversity in senior corporate positions and financial performance of 2 million companies in Europe. We document a positive association between corporate return on assets and the share of women in senior positions and establish two potential channels through which gender diversity may affect firm performance. The positive correlation is more pronounced in, first, sectors where women form a larger share of the labor force (such as the services sector) and, second, where complementarities in skills and critical thinking are in high demand (such as high-tech and knowledge-intensive sectors).
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