1. Study on the Influence of Female Executives on Corporate Diversified M & A Decision
- Author
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Yishu Wang, Zhizhi Zhuang, Danyan Zhong, and Xingyao Li
- Subjects
Risk aversion ,Mergers and acquisitions ,General Engineering ,Demographic economics ,Sample (statistics) ,Business ,Social identity theory - Abstract
This paper conducts a study on the relationship between female executives and diversified Mergers and Acquisitions (M & A) decision, with Chinese A-share companies from 2009 to 2019 as a sample. The results show that the proportion of female executives and their age are significantly negatively correlated with corporate diversified M & A decision, and female executives’ academic qualifications are significantly positively correlated with diversified M & A decision. The negative effect of female executive participation on diversified M & A decision is partially caused by managers’ risk aversion.
- Published
- 2021
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