| dc.contributor | 財管系 | - |
| dc.creator (作者) | 陳嬿如 | - |
| dc.creator (作者) | Chen, Yenn-Ru | - |
| dc.date (日期) | 2021-10 | - |
| dc.date.accessioned | 26-May-2022 16:29:03 (UTC+8) | - |
| dc.date.available | 26-May-2022 16:29:03 (UTC+8) | - |
| dc.date.issued (上傳時間) | 26-May-2022 16:29:03 (UTC+8) | - |
| dc.identifier.uri (URI) | http://nccur.lib.nccu.edu.tw/handle/140.119/140174 | - |
| dc.description.abstract (摘要) | We find that firms with female CEOs experience a higher likelihood of being targeted by activist investors and receive more shareholder proposals than firms with male CEOs. The result is robust to firm fixed effects, instrumental variables approach, and propensity score matching. Further analysis reveals that the positive impact of female CEO is mitigated when these female CEOs outperform and when there are relatively more female CEOs in the labor market. Such results are consistent with investor unfamiliarity with female CEOs causing investors to discriminate against them in the first place. Our results highlight how information asymmetry can contribute to the glass ceiling faced by female CEOs and provide tentative evidence that such glass ceilings can be broken as more females join the CEO labor market. | - |
| dc.format.extent | 151 bytes | - |
| dc.format.mimetype | text/html | - |
| dc.relation (關聯) | 2021 FMA Annual Meeting, Financial Management Association | - |
| dc.subject (關鍵詞) | Shareholder Activism; Governance Proposals; Environment and Social Proposals; Proposal Sponsors; Gender Discrimination; Statistical Discrimination | - |
| dc.title (題名) | Gender Difference in Shareholder Activism: Evidence from Shareholder Proposals | - |
| dc.type (資料類型) | conference | - |
