Social Sciences
8 years ago

Stock prices soar when women take top leadership roles in companies

Human Resource Management
Leadership change and shareholder value: How markets react to the appointments of women
Alison Cook, Christy Glass

Paper Summary

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The study looked at how the stock market reacts when women are appointed to top leadership roles compared to men. They found that when women are appointed, there is a significant increase in stock price. However, the size and direction of this change depend on the gender makeup of the industry.