Gender Diversity on the Board - BI Norwegian Business School

GRA 19001 Master Thesis
Contents
Abstract ...........................................................................................................................................3
Acknowledgement .........................................................................................................................4
1 Introduction ...........................................................................................................................5
1.1 Motivation ......................................................................................................................5
2 Theory and existing evidence ..............................................................................................7
3 Methodology ....................................................................................................................... 12
3.1 Hypotheses ................................................................................................................. 12
3.1.1 Hypothesis 1 ....................................................................................................... 12
3.1.2 Hypothesis 2 ....................................................................................................... 13
3.1.3 Hypothesis 3 ....................................................................................................... 14
3.2 CCGR-database .......................................................................................................... 14
3.3 Filtering process ......................................................................................................... 14
4 Descriptive statistics .......................................................................................................... 16
4.1 Dependent variable .................................................................................................... 19
4.2 Independent variables ............................................................................................... 20
5 Statistical tests ..................................................................................................................... 22
5.1 Base-case model ......................................................................................................... 22
6 Robustness .......................................................................................................................... 25
7 Summary and conclusions ................................................................................................ 27
7.1 Limitations .................................................................................................................. 28
8 Bibliography ........................................................................................................................ 29
Appendixes .................................................................................................................................. 31
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