Thu Ha Tran est professeur associé en finance à la Burgundy School of Business (France). Elle enseigne des cours de finance d’entreprise, de marchés financiers et d’économie bancaire. Ses domaines de recherche comprennent l’économie bancaire et la gouvernance d’entreprise.
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The aim of our article is to study the impact of gender quotas on corporate performance. To this end, we consider laws imposing gender quotas in certain European countries as a quasi-natural experiment. The results of our empirical analysis show that gender quotas reduce companies' short-term cost of equity, but lower their long-term Tobin's Q, while having a neutral impact on their short-term and longer-term profitability. Our analysis also supports the argument that policymakers can use a quota system to promote parity on boards of directors without generating negative effects on companies' short-term performance.
- Recherche
- Finance d’Entreprise et Finance de Marché, Gouvernance