DOES BOARD GENDER DIVERSITY REDUCE INFORMATION ASYMMETRY? EVIDENCE FROM THE USA

dc.contributor.authorÖzparlak, Gerçek
dc.date.accessioned2025-03-09T10:53:23Z
dc.date.available2025-03-09T10:53:23Z
dc.date.issued2024
dc.departmentİstanbul Beykent Üniversitesi
dc.description.abstractThe contributions of women managers to the financial, economic and sustainability areas of firms are obvious. However, women managers can also play a key role in reducing asymmetric information. The purpose of this study is to investigate the effect of gender diversity in corporate management on information asymmetry. The study refers to agency theory and critical mass theory. Gender equality, board diversity and control variables are used in the analyses. In the study, an ordinary least squares (OLS) model is used to analyse the relationship of variables. In addition, fixed effect, quantile regression and lag estimation models are used to analyse endogeneity problems. The annual data of 401 American companies listed in the S&P500 index between 2008 and 2023 were used in the sample. The results of the study contribute to the current debate on the benefits of gender diversity in corporate management with different tests and theories. According to the results of the study, increasing the number of women on the board contributes to the reduction of information asymmetry. According to another result of the study, under the critical mass theory, having three or more women in the company management contributes more to the reduction of information asymmetry.
dc.identifier.doi10.30794/pausbed.1494040
dc.identifier.endpage230
dc.identifier.issn1308-2922
dc.identifier.issn2147-6985
dc.identifier.issue64
dc.identifier.startpage215
dc.identifier.trdizinid1280821
dc.identifier.urihttps://doi.org/10.30794/pausbed.1494040
dc.identifier.urihttps://search.trdizin.gov.tr/tr/yayin/detay/1280821
dc.identifier.urihttps://hdl.handle.net/20.500.12662/4819
dc.indekslendigikaynakTR-Dizin
dc.institutionauthorÖzparlak, Gerçek
dc.language.isoen
dc.relation.ispartofPamukkale Üniversitesi Sosyal Bilimler Enstitüsü Dergisi
dc.relation.publicationcategoryMakale - Ulusal Hakemli Dergi - Kurum Öğretim Elemanı
dc.rightsinfo:eu-repo/semantics/openAccess
dc.snmzKA_TR_20250310
dc.subjectGender equality
dc.subjectCorporate finance
dc.subjectInformation asymmetry
dc.subjectBoard gender diversity
dc.subjectFinancial modelling
dc.titleDOES BOARD GENDER DIVERSITY REDUCE INFORMATION ASYMMETRY? EVIDENCE FROM THE USA
dc.typeArticle

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