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| Author: | Haslam, S. A. (et al.) |
| Title: | Investing with prejudice: the relationship between women's presence on company boards and objective and subjective measures of company performance |
| Journal: | British Journal of Management
2010 : JUN, VOL. 21:2 p. 484-497 |
| Index terms: | women executives rate of return investments stock exchanges employment discrimination |
| Language: | eng |
| Abstract: | This article introduces a comprehensive archival investigation of FTSE 100 firms in 20012005, concentrating on the relationship between the presence of women on company boards and both accountancy-based and stock-based measures of company performance. There was no relationship between women's presence on boards and "objective" accountancy-based measures of performance. However, there was a negative relationship between women's presence on boards and "subjective" stock-based measures of performance. The results also show that perceptions and investment don't reflect the underlying realities of company performance. |
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