The market impact of the appointment of female directors in listed companies in New Zealand

• Main Authors: DING, Kuan Yong David, CHEN, Echo Su
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2018
• Subjects: Stock returns; Women directors; New Zealand; Business and Corporate Communications; Organizational Behavior and Theory
• Online Access: https://ink.library.smu.edu.sg/lkcsb_research/6470; https://ink.library.smu.edu.sg/context/lkcsb_research/article/7469/viewcontent/Jabs_4.5.3.pdf
• Institution: Singapore Management University

This study examines investor reaction to the appointment of female directors in New Zealand-listed companies. Using the event study method, we ϐind that female directors tend to be appointed as independent directors rather than in a Chief Executive Ofϐicer (CEO) role. The results reveal that female...