Gender Diversity in Senior Positions and Firm Performance Evidence from Europe

This paper examines the link between gender diversity in senior corporate positions and financial performance of 2 million companies in Europe. We document a positive association between corporate return on assets and the share of women in senior positions and establish two potential channels throug...

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Bibliographic Details
Main Author: Christiansen, Lone Engbo
Other Authors: Lin, Huidan, Pereira, Joana, Topalova, Petia
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2016
Series:IMF Working Papers
Subjects:
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
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100 1 |a Christiansen, Lone Engbo 
245 0 0 |a Gender Diversity in Senior Positions and Firm Performance  |b Evidence from Europe  |c Lone Engbo Christiansen, Huidan Lin, Joana Pereira, Petia Topalova, Rima Turk 
260 |a Washington, D.C.  |b International Monetary Fund  |c 2016 
300 |a 29 pages 
651 4 |a Norway 
653 |a Income 
653 |a Women 
653 |a Gender diversity 
653 |a Gender studies; women & girls 
653 |a Labour; income economics 
653 |a Economics of Gender 
653 |a Personal income 
653 |a Non-labor Discrimination 
653 |a Labor Discrimination: Public Policy 
653 |a National accounts 
653 |a Personal Income, Wealth, and Their Distributions 
653 |a Gender studies, gender groups 
653 |a Labor 
653 |a Labor Force and Employment, Size, and Structure 
653 |a Labor force 
653 |a Gender Studies 
653 |a Labor market 
653 |a Macroeconomics 
653 |a Sex role 
653 |a Women''s Studies' 
653 |a Gender 
700 1 |a Lin, Huidan 
700 1 |a Pereira, Joana 
700 1 |a Topalova, Petia 
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520 |a This paper examines the link between gender diversity in senior corporate positions and financial performance of 2 million companies in Europe. We document a positive association between corporate return on assets and the share of women in senior positions and establish two potential channels through which gender diversity may affect firm performance. The positive correlation is more pronounced in, first, sectors where women form a larger share of the labor force (such as the services sector) and, second, where complementarities in skills and critical thinking are in high demand (such as high-tech and knowledge-intensive sectors)