Faculty of Science, Technology and Medicine
Faculty of Law, Economics and Finance
Faculty of Humanities, Education and Social Sciences
Interdisciplinary Centre for Security, Reliability and Trust
Luxembourg Centre for Systems Biomedicine
Luxembourg Centre for Contemporary and Digital History
Luxembourg Centre for European Law
Luxembourg Centre for Socio-Environmental Systems
Revisiting gender board diversity and firm performance
Abstract
We study the effects of gender board diversity on firm performance. We use novel and rich firm-level data covering nearly 6 million private and public firms spanning the years 1995-2020 in Europe. We augment a standard TFP estimation with firm fixed effects to explore the role of gender board diversity. We construct a shift-share instrument for gender board diversity and find that increasing the share of women on boards is conducive to better economic performance. The results prove robust to a variety of sensitivity analysis. This outcome is driven primarily by firms from the service sector and by smaller firms. The impact was stronger during the early years of our sample.
About the speaker
Joanna Tyrowicz is a Professor of Economics at University of Warsaw and co-founder of research center FAME|GRAPE. She is also an IZA Research Fellow. She earned her PhD in Economics from the University of Warsaw, she also holds a degree from Katholike Universiteit Leuven. Between 2007 and 2017 she served as an Economic Advisor at National Bank of Poland. As of 2022 she is serving on the Monetary Policy Council. She worked at IAAE in Trier and IOS in Regensburg. She currently collaborates with the University of Augsburg. She has been a consultant to The World Bank, OECD and the European Commission. She was a Fulbright Scholar at Columbia University, and a Mellon Fellow at the Netherlands Institute for Advanced Studies.
Language
English
This is a free seminar. Registration is mandatory.
Supported by the Fond National de la Recherche,
Luxembourg (19441346)