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Jobs for the Boys? Exploring gender biased director’s selection

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  • Mateos de Cabo, Ruth
  • Gimeno, Ricardo

Abstract

We use mergers and acquisitions to isolate demand from supply-side factors on board nominations. This event study allows considering target directors as appointed and discarded candidates to the merged board. Our results show empirical evidence consistent with bias against women.

Suggested Citation

  • Mateos de Cabo, Ruth & Gimeno, Ricardo, 2017. "Jobs for the Boys? Exploring gender biased director’s selection," Economics Letters, Elsevier, vol. 161(C), pages 82-85.
    • Handle: RePEc:eee:ecolet:v:161:y:2017:i:c:p:82-85
    DOI: 10.1016/j.econlet.2017.09.026
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    References listed on IDEAS

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    1. Charléty, Patricia & Romelli, Davide & Santacreu-Vasut, Estefania, 2017. "Appointments to central bank boards: Does gender matter?," Economics Letters, Elsevier, vol. 155(C), pages 59-61.
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    More about this item

    Keywords

    Gender diversity; Corporate boards; Mergers and acquisitions; Director retention;
    All these keywords.

    JEL classification:

    • G34 - Financial Economics - - Corporate Finance and Governance - - - Mergers; Acquisitions; Restructuring; Corporate Governance
    • J62 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Job, Occupational and Intergenerational Mobility; Promotion
    • J63 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Turnover; Vacancies; Layoffs

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