This study shows the effects of the ‘soft’ board gender quota in Sweden enacted in 2006. Using a sample of 2,181 firm-year observations, Swedish listed firms do increase the percentage of females after the enactment of the quota, but this effect is not coming due to the quota. Neither more firms comply to the quota of 40 per cent caused by the quota enactment. Firms with state involvement are more likely to comply to the quota and increase the percentage of females. Internationalized firms have elusive results on the percentage of female directors and quota compliance. On average, more female directors in board positions have a positive effect on firm performance as measured in Tobin’s Q and ROA. The increase in the percentage of females and the positive effect on firm performance is more pronounced in the later time period (2012-2017) than the period short after the quota (2006-2011).
| Identifer | oai:union.ndltd.org:UPSALLA1/oai:DiVA.org:uu-406019 |
| Date | January 2019 |
| Creators | Dikkeschei, Leonie |
| Publisher | Uppsala universitet, Företagsekonomiska institutionen |
| Source Sets | DiVA Archive at Upsalla University |
| Language | English |
| Detected Language | English |
| Type | Student thesis, info:eu-repo/semantics/bachelorThesis, text |
| Format | application/pdf |
| Rights | info:eu-repo/semantics/openAccess |
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