Many countries have now mandated minimum representation of women on the boards of public companies. Although claims are regularly made in the popular press that increased female board representation drives greater profitability, the findings in the literature are mixed.

This paper uses the event study methodology to examine the impact on share price of the appointment of female non-executive directors to the boards of ASX-listed firms. This is the first event study of its kind using Australian data, and is also the largest to date in this field. The presentation will include findings from the research as well as discussion of the event study methodology’s key strengths and weaknesses.

For more information please see the original event post here.

This lecture is hosted by the Arndt-Corden Department of Economics, ANU Crawford School of Public Policy