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Gender diversity on managing boards

Project description

A closer look at boardroom gender diversity

Despite EU and German laws pushing for gender balance on company boards, women remain rare in top management, especially in chief financial officer (CFO) roles. Why does this gap persist, and does it matter? Supported by the Marie Skłodowska-Curie Actions programme, the GEMBOARD project is digging into the data to find out. Focusing on German listed companies, researchers will explore how having women in upper management influences performance, financial decision-making, and even stock prices. Specifically, the project aims to clarify the real-world impact of boardroom gender diversity. GEMBOARD’s findings will help assess what more needs to be done to ensure women are not just present at the table but shaping the future of business.

Objective

The GEMBOARD project aims to explore the effects of gender diversity in top management teams, specifically focusing on the role of women in CFO positions, within the context of German listed companies. Despite the EU directive and national laws in Germany promoting gender balance on company boards, women in top management positions remain under-represented. Prior studies suggest that gender diversity in leadership influences company performance, financial reporting, and decision-making processes, though empirical evidence has been mixed. This project seeks to address these ambiguities by examining the impact of female representation in upper echelons on various dimensions of company performance, including stock prices and forecasting behaviour. Based on longitudinal data and advanced research methods such as difference-in-difference analyses, this study will provide valuable insights into how gender diversity in corporate boards unfolds over time, particularly in response to evolving legal frameworks. This research will contribute to understanding the effectiveness of the EU directive and German legislation in promoting gender balance and its implications for corporate governance and performance, specifically in a low-discretion environment like Germany.
The GEMBOARD project, which will last 24 months, will be conducted at the Department of Accounting of the Copenhagen Business School (CBS), under the supervision of Professor Bjrn Jrgensen. Building on an existing database built by the applicant, the project duration will be used for some complementary data collection, and focus on data analysis and maturing findings into research publications. GEMBOARD results will be disseminated and communicated to a wide audience, including the academic community, policy makers and the general public.

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HORIZON-TMA-MSCA-PF-EF - HORIZON TMA MSCA Postdoctoral Fellowships - European Fellowships

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Call for proposal

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(opens in new window) HORIZON-MSCA-2024-PF-01

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Coordinator

COPENHAGEN BUSINESS SCHOOL
Net EU contribution

Net EU financial contribution. The sum of money that the participant receives, deducted by the EU contribution to its linked third party. It considers the distribution of the EU financial contribution between direct beneficiaries of the project and other types of participants, like third-party participants.

€ 263 393,28
Address
SOLBJERG PLADS 3
2000 FREDERIKSBERG
Denmark

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Region
Danmark Hovedstaden Byen København
Activity type
Higher or Secondary Education Establishments
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Total cost

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