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Women in Bank Boardrooms: Evidence from Italian Data

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  • Silvia Del Prete

    ()
    (Bank of Italy Florence Regional Research Division)

  • Maria Lucia Stefani

    ()
    (Bank of Italy Trento Regional Research Unit)

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    Abstract

    Using a unique dataset on Italian banks, we firstly investigate the main determinants of women’s participation on top-decisional memberships and, secondly, we study correlations between women’s presence on boards and bank performance. Our main findings suggest that: 1) women are significantly less likely to hold top decision-making positions, other individual and bank characteristics being equal; 2) the presence of women on boards is higher in medium-sized banks, in banks belonging to the major banking groups, in banks with larger and younger boards and in banks that are more efficient, in terms of cost-containment, or that are in need of restructuring.

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    Bibliographic Info

    Article provided by SIPI Spa in its journal Rivista di Politica Economica.

    Volume (Year): (2012)
    Issue (Month): 2 (April-June)
    Pages: 129-160

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    Handle: RePEc:rpo:ripoec:y:2012:i:2:p:129-160

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    Related research

    Keywords: banking; corporate governance; gender diversity; board of directors;

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