Women in Bank Boardrooms: Evidence from Italian Data
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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Volume (Year): (2012)
Issue (Month): 2 (April-June)
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