This setting lets you change the way you view articles. You can choose to have articles open in a dialog window, a new tab, or directly in the same window.
Open in Dialog
Open in New Tab
Open in same window

American Economic Journal: Applied Economics: Vol. 5 No. 3 (July 2013)

Expand

Quick Tools:

Print Article Summary
Export Citation
Sign up for Email Alerts Follow us on Twitter Subscription Information
(Institutional Administrator Access)

Explore:

AEJ: Applied - All Issues

AEJ: Applied Forthcoming Articles

A Female Style in Corporate Leadership? Evidence from Quotas

Article Citation

Matsa, David A., and Amalia R. Miller. 2013. "A Female Style in Corporate Leadership? Evidence from Quotas." American Economic Journal: Applied Economics, 5(3): 136-69.

DOI: 10.1257/app.5.3.136

Abstract

This paper studies the impact of gender quotas for corporate board seats on corporate decisions. We examine the introduction of Norway's 2006 quota, comparing affected firms to other Nordic companies, public and private, that are unaffected by the rule. We find that affected firms undertake fewer workforce reductions than comparison firms, increasing relative labor costs and employment levels and reducing short-term profits. The effects are strongest among firms without female board members beforehand and are present even for boards with older and more experienced members afterward. The boards appear to be affecting corporate strategy in part by selecting like-minded executives.

Article Full-Text Access

Full-text Article

Additional Materials

Download Data Set (11.99 KB) | Online Appendix (678.89 KB) | Author Disclosure Statement(s) (22.61 KB)

Authors

Matsa, David A. (Northwestern U)
Miller, Amalia R. (U VA)

JEL Classifications

G34: Mergers; Acquisitions; Restructuring; Voting; Proxy Contests; Corporate Governance
J16: Economics of Gender; Non-labor Discrimination
J78: Labor Discrimination: Public Policy
M12: Personnel Management; Executive Compensation
M51: Personnel Economics: Firm Employment Decisions; Promotions

Comments

View Comments on This Article (0) | Login to post a comment


American Economic Journal: Applied Economics


Quick Tools:

Sign up for Email Alerts

Follow us on Twitter

Subscription Information
(Institutional Administrator Access)

Explore:

AEJ: Applied - All Issues

AEJ: Applied - Forthcoming Articles

Virtual Field Journals


AEA Member Login:


AEAweb | AEA Journals | Contact Us