We examine the relationship between female board representation and cost of lending, using a dataset 13,714 loans from 386 banks matched with 2432 non-financial firms 1999 to 2013. find that directors command lower loan spreads. In addition, independent have stronger impact on lowering spreads compared directors' other attributes. However, as build relationships their lenders this effect become...

Organizational boards of directors are one of the most important subgroups within most modern organizations, performing critical advisory, monitoring and resource dependence roles. This paper investigates the crucial question of whether the stock market values ethnic and gender diversity within organizational boards. We find that board diversity is positively associated with market valuation. W...

Organizational boards of directors are one of the most important subgroups within most modern organizations, performing critical advisory, monitoring and resource dependence roles. This paper investigates the crucial question of whether the stock market values ethnic and gender diversity within organizational boards. We find that board diversity is positively associated with market valuation. W...

This research explores how increased gender diversity on corporate boards in Iceland, driven by applying a “hard” public policy, i.e., board quota legislation, has affected post-quota directors’ perceptions of functioning. study falls into the growing literature (Boshanna, 2021; Li et al., 2020). Directors’ opinions towards decision-making and monitoring activities are researched, as well their...