Journal of Business & Financial Affairs

Women on Corporate Boards and Firm Performance, Preliminary Results from Italian Listed Companies after the Introduction of Gender Quota Law 120/2011

Abstract

Shabbir MS

The relationship between the presence of women on corporate board and firm performance has attracted a growing research interest in corporate governance literature. In this study we analyse this topic in Italy, a country that has recently introduced the gender quota law 120/2011. We investigate this topic using regression analysis on a sample of 705 Italian listed companies after the introduction of the gender quota law. Our findings highlight that the presence of women on corporate board does not influence firm performance. Many explanations and managerial implications may be deduced from these results, as shown in the paper.