Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/183394 
Year of Publication: 
2017
Series/Report no.: 
IFN Working Paper No. 1165
Publisher: 
Research Institute of Industrial Economics (IFN), Stockholm
Abstract: 
Board room quotas have recently received an increasing amount of attention. This paper provides novel evidence on firm performance from an exogenous change in female board participation in Sweden. We use the credible threat, aimed at listed firms, of a quota law enacted by the Swedish deputy prime minister as an exogenous variation. The threat caused a substantial and rapid increase in the share of female board members in firms listed on the Stockholm stock exchange. This increase was accompanied by an increase in different measures of firm performance in the same years, which were related to higher sales and lower labor costs.
Subjects: 
Gender quotas
Corporate boards
Firm performance
JEL: 
G34
G38
J16
J48
J78
M12
M51
Document Type: 
Working Paper

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