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Gender diversity and stock returns: evidence from the S&P500

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Resumo: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.
Autores principais:Macanhan, Ana Carolina
Assunto:Gender diversity Gender quotas Stock returns Financial performance Corporate governance Board of directors
Ano:2023
País:Portugal
Tipo de documento:dissertação de mestrado
Tipo de acesso:acesso aberto
Instituição associada:Universidade Nova de Lisboa
Idioma:inglês
Origem:Repositório Institucional da UNL
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author Macanhan, Ana Carolina
author_facet Macanhan, Ana Carolina
author_role author
contributor_name_str_mv Prado, Melissa
RUN
country_str PT
creators_json_txt [{\"Person.name\":\"Macanhan, Ana Carolina\"}]
datacite.contributors.contributor.contributorName.fl_str_mv Prado, Melissa
RUN
datacite.creators.creator.creatorName.fl_str_mv Macanhan, Ana Carolina
datacite.date.Accepted.fl_str_mv 2023-01-11T00:00:00Z
datacite.date.available.fl_str_mv 2023-07-28T10:20:06Z
datacite.date.embargoed.fl_str_mv 2023-07-28T10:20:06Z
datacite.rights.fl_str_mv http://purl.org/coar/access_right/c_abf2
datacite.subjects.subject.fl_str_mv Gender diversity
Gender quotas
Stock returns
Financial performance
Corporate governance
Board of directors
datacite.titles.title.fl_str_mv Gender diversity and stock returns: evidence from the S&P500
dc.contributor.none.fl_str_mv Prado, Melissa
RUN
dc.creator.none.fl_str_mv Macanhan, Ana Carolina
dc.date.Accepted.fl_str_mv 2023-01-11T00:00:00Z
dc.date.available.fl_str_mv 2023-07-28T10:20:06Z
dc.date.embargoed.fl_str_mv 2023-07-28T10:20:06Z
dc.format.none.fl_str_mv application/pdf
dc.identifier.none.fl_str_mv http://hdl.handle.net/10362/155921
dc.language.none.fl_str_mv eng
dc.rights.none.fl_str_mv http://purl.org/coar/access_right/c_abf2
dc.subject.none.fl_str_mv Gender diversity
Gender quotas
Stock returns
Financial performance
Corporate governance
Board of directors
dc.title.fl_str_mv Gender diversity and stock returns: evidence from the S&P500
dc.type.none.fl_str_mv http://purl.org/coar/resource_type/c_bdcc
description 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.
dirty 0
eu_rights_str_mv openAccess
format masterThesis
fulltext.url.fl_str_mv https://run.unl.pt/bitstreams/b5e14e55-ec41-460a-9d34-eddaecadce88/download
id run_4437ecf8564da0b7aaf730bd74327bb3
identifier.url.fl_str_mv http://hdl.handle.net/10362/155921
instacron_str unl
institution Universidade Nova de Lisboa
instname_str Universidade Nova de Lisboa
language eng
network_acronym_str run
network_name_str Repositório Institucional da UNL
oai_identifier_str oai:run.unl.pt:10362/155921
organization_str_mv urn:organizationAcronym:unl
person_str_mv Macanhan, Ana Carolina
publishDate 2023
reponame_str Repositório Institucional da UNL
repository_id_str urn:repositoryAcronym:run
service_str_mv urn:repositoryAcronym:run
spelling engpt_PTThe 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.application/pdfpt_PTGender diversity and stock returns: evidence from the S&P500Macanhan, Ana CarolinaPrado, MelissaHostingInstitutionOrganizationalRUNe-mailmailto:run@unl.ptrun@unl.ptURNurn:tid:2033119812023-07-28T10:20:06Z2023-01-112022-02-162023-01-11T00:00:00ZHandlehttp://hdl.handle.net/10362/155921http://purl.org/coar/access_right/c_abf2open accessGender diversityGender quotasStock returnsFinancial performanceCorporate governanceBoard of directors574554 bytesliteraturehttp://purl.org/coar/resource_type/c_bdccmaster thesishttp://purl.org/coar/access_right/c_abf2application/pdffulltexthttps://run.unl.pt/bitstreams/b5e14e55-ec41-460a-9d34-eddaecadce88/download
spellingShingle Gender diversity and stock returns: evidence from the S&P500
Macanhan, Ana Carolina
Gender diversity
Gender quotas
Stock returns
Financial performance
Corporate governance
Board of directors
status SINGLETON
subject.fl_str_mv Gender diversity
Gender quotas
Stock returns
Financial performance
Corporate governance
Board of directors
title Gender diversity and stock returns: evidence from the S&P500
title_full Gender diversity and stock returns: evidence from the S&P500
title_fullStr Gender diversity and stock returns: evidence from the S&P500
title_full_unstemmed Gender diversity and stock returns: evidence from the S&P500
title_short Gender diversity and stock returns: evidence from the S&P500
title_sort Gender diversity and stock returns: evidence from the S&P500
topic Gender diversity
Gender quotas
Stock returns
Financial performance
Corporate governance
Board of directors
topic_facet Gender diversity
Gender quotas
Stock returns
Financial performance
Corporate governance
Board of directors
url http://hdl.handle.net/10362/155921
visible 1