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Resumo(s)
The following study examines the relationship between gender diversity in the board of directors
and stock returns on companies in the S&P500 Index. For this purpose, a regression analysis
analyzes which variables impact stock returns and learn if gender quotas affect stock returns. This
study found that investing only in companies in the top percentile of women on board does not
deliver superior returns. Furthermore, OLS and differences-in-differences regression show that
gender diversity and gender quota do not influence stock returns.
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Palavras-chave
Gender diversity Gender quotas Stock returns Financial performance Corporate governance Board of directors
