{"title":"女性董事会代表与公司价值:国际证据","authors":"","doi":"10.1016/j.frl.2024.105998","DOIUrl":null,"url":null,"abstract":"<div><p>This study delves into the intricate relationship between female representation on corporate boards and firm valuation. By scrutinizing a comprehensive dataset comprising 15,813 unique firms spanning across 116 countries, our analysis elucidates the global ramifications of female board membership on firm value, employing Tobin's Q as a proxy measure. The findings of this research present compelling evidence supporting the notion that increased female representation on boards positively influences firm value. Moreover, this paper underscores the tangible benefits associated with the inclusion of female directors in boardrooms.</p></div>","PeriodicalId":12167,"journal":{"name":"Finance Research Letters","volume":null,"pages":null},"PeriodicalIF":7.4000,"publicationDate":"2024-08-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S1544612324010286/pdfft?md5=23ee404f4e3de9b46a60affe2e14a30a&pid=1-s2.0-S1544612324010286-main.pdf","citationCount":"0","resultStr":"{\"title\":\"Female board representation and firm value: International evidence\",\"authors\":\"\",\"doi\":\"10.1016/j.frl.2024.105998\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"<div><p>This study delves into the intricate relationship between female representation on corporate boards and firm valuation. By scrutinizing a comprehensive dataset comprising 15,813 unique firms spanning across 116 countries, our analysis elucidates the global ramifications of female board membership on firm value, employing Tobin's Q as a proxy measure. The findings of this research present compelling evidence supporting the notion that increased female representation on boards positively influences firm value. Moreover, this paper underscores the tangible benefits associated with the inclusion of female directors in boardrooms.</p></div>\",\"PeriodicalId\":12167,\"journal\":{\"name\":\"Finance Research Letters\",\"volume\":null,\"pages\":null},\"PeriodicalIF\":7.4000,\"publicationDate\":\"2024-08-22\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"https://www.sciencedirect.com/science/article/pii/S1544612324010286/pdfft?md5=23ee404f4e3de9b46a60affe2e14a30a&pid=1-s2.0-S1544612324010286-main.pdf\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Finance Research Letters\",\"FirstCategoryId\":\"96\",\"ListUrlMain\":\"https://www.sciencedirect.com/science/article/pii/S1544612324010286\",\"RegionNum\":2,\"RegionCategory\":\"经济学\",\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"Q1\",\"JCRName\":\"BUSINESS, FINANCE\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Finance Research Letters","FirstCategoryId":"96","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S1544612324010286","RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"BUSINESS, FINANCE","Score":null,"Total":0}
Female board representation and firm value: International evidence
This study delves into the intricate relationship between female representation on corporate boards and firm valuation. By scrutinizing a comprehensive dataset comprising 15,813 unique firms spanning across 116 countries, our analysis elucidates the global ramifications of female board membership on firm value, employing Tobin's Q as a proxy measure. The findings of this research present compelling evidence supporting the notion that increased female representation on boards positively influences firm value. Moreover, this paper underscores the tangible benefits associated with the inclusion of female directors in boardrooms.
期刊介绍:
Finance Research Letters welcomes submissions across all areas of finance, aiming for rapid publication of significant new findings. The journal particularly encourages papers that provide insight into the replicability of established results, examine the cross-national applicability of previous findings, challenge existing methodologies, or demonstrate methodological contingencies.
Papers are invited in the following areas:
Actuarial studies
Alternative investments
Asset Pricing
Bankruptcy and liquidation
Banks and other Depository Institutions
Behavioral and experimental finance
Bibliometric and Scientometric studies of finance
Capital budgeting and corporate investment
Capital markets and accounting
Capital structure and payout policy
Commodities
Contagion, crises and interdependence
Corporate governance
Credit and fixed income markets and instruments
Derivatives
Emerging markets
Energy Finance and Energy Markets
Financial Econometrics
Financial History
Financial intermediation and money markets
Financial markets and marketplaces
Financial Mathematics and Econophysics
Financial Regulation and Law
Forecasting
Frontier market studies
International Finance
Market efficiency, event studies
Mergers, acquisitions and the market for corporate control
Micro Finance Institutions
Microstructure
Non-bank Financial Institutions
Personal Finance
Portfolio choice and investing
Real estate finance and investing
Risk
SME, Family and Entrepreneurial Finance