TY  - RPRT
        AU  - Bayly, Nicholas
AU  - Breunig, Robert
AU  - Wokker, Chris
        TI  - Female Board Representation and Corporate Performance: A Review and New Estimates for Australia
        PY  - 2023/Nov/
        PB  - Institute of Labor Economics (IZA)
        CY  - Bonn
        T2  - IZA Discussion Paper
        IS  - 16617
        UR  - https://www.iza.org/publications/dp16617
        AB  - Despite a conventional wisdom that female board members positively impact firm performance, a thorough examination of the research to date reveals no consensus that female board members have either a positive or negative effect on firm performance. We build the largest dataset of Australian board appointments assembled to date. We use our data to demonstrate how difficult it is to replicate existing research, with one example from Australia and one from the US. Using event studies and regression analyses we demonstrate that there is little evidence that female board representation affects firm financial performance.
        KW  - gender representation
KW  - board of directors
KW  - firm performance
KW  - female directors
        ER  -