Bank of Italy paper finds women directors improve bank governance
An ‘occasional paper' published by the Bank of Italy has studied the causes and effects of discrimination against women on bank boards, finding that some factors may be linked.
In Women on Italian Bank Boards: are they 'Gold Dust'?, authors Silvia Del Prete and Maria Lucia Stefani assess the correlation between greater female appointments to bank boards and the performance of those banks, using a set of some 15,000 data points running from 1994 to 2010.
They find that the number of women on
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