This paper investigates the impact of gender quotas on firm performance using countries worldwide that have introduced a gender quota as a quasinatural experiment. Our statistical analysis shows that board members’ characteristics significantly change after implementing the gender quota. The results of our empirical analysis provide evidence that gender quotas reduce the cost of equity in the short term but decrease the Tobin’s Q in the long term and have a neutral impact on profitability in the short term and the longer term.

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Companies face the challenge of combining economic and environmental objectives. An obvious, recurring question is whether, and under what circumstances, an improvement in the environmental performance of a company leads to higher profits. By examining the data on innovation, this study addresses the question of whether environmental innovation (EI) is synergistic with other types of innovation.
GEORGANTZIS Nikolaos - Burgundy School of Business |
- Research
- Innovation Management, Sustainable Development and CSR

