This paper examines whether bank capital ratios and default risk are associated with the gender of the bank’s Chief Executive Officer and Chairperson of the board. Given the documented gender-based differences in conservatism and risk tolerance, we postulate that female CEOs and board Chairs should assess risks more conservatively, and thereby hold higher levels of equity capital and reduce the likelihood of bank failure during periods of market stress. Using a large panel of U.S. commercial banks, we document (...) that banks with female CEOs hold more conservative levels of capital after controlling for the bank’s asset risk and other attributes. Furthermore, while neither CEO nor Chair gender is related to bank failure in general, we find strong evidence that smaller banks with female CEOs and board Chairs were less likely to fail during the financial crisis. Overall, our findings are consistent with the view that gender-based behavioral differences may affect corporate decisions. (shrink)

(1996). The historical lessons of human rights: In search of a new approach. The European Legacy: Vol. 1, Fourth International Conference of the International Society for the study of European Ideas, pp. 498-503.

(1996). The Conradian inheritance in the African novel. The European Legacy: Vol. 1, Fourth International Conference of the International Society for the study of European Ideas, pp. 101-108.

This study investigated how female directors of corporate boards of directors (BoD) experience boardroom dynamics. The study represents an initial research trend that moves from a unilateral focus on financial outcomes of female representation in BoDs toward stronger attention on the social dynamics in the boardroom. Drawing on social identity theory, the study proposed that female directors often constitute an out-group within the BoD, preventing them from experiencing positive board dynamics. More specifically, the study explored the extent (...) to which female directors do experience less justice, lower cohesion, and higher levels of conflicts within the BoD than their male counterparts do. Moreover, we assumed that female directors with nontraditional educational backgrounds would be particularly likely to experience negative boardroom dynamics whereas female chairpersons of BoDs would perceive boardroom dynamics more positively than other female directors. The sample consisted of 491 directors from 149 BoDs. Our findings revealed that there were generally few differences in the way female and male directors experienced boardroom dynamics and female chairpersons of BoDs did not perceive the dynamics differently than other female directors. Female directors with nontraditional educational backgrounds perceived the boardroom dynamics somewhat more negatively than other female directors, but the differences were not statistically significant. The conclusions from this study are that there are reasons to believe that female directors are welcomed into boardrooms, not perceived as out-groups, and BoDs are able to benefit from the female directors’ experience and skills. (shrink)

(1996). Stereotype discourse in Israel. The European Legacy: Vol. 1, Fourth International Conference of the International Society for the study of European Ideas, pp. 680-688.

(1997). Super‐paradigms, art, and science: Romanticism and the birth of social science. The European Legacy: Vol. 2, Fourth International Conference of the International Society for the Study of European Ideas, pp. 749-754.

(1996). The contribution of communist states to the proscription of racist speech. The European Legacy: Vol. 1, Fourth International Conference of the International Society for the study of European Ideas, pp. 801-811.

(1996). Repairing the moral deficits of capitalism: The role of the nonprofit sector. The European Legacy: Vol. 1, Fourth International Conference of the International Society for the study of European Ideas, pp. 595-600.

(1996). Latvia in search of a social policy model. The European Legacy: Vol. 1, Fourth International Conference of the International Society for the study of European Ideas, pp. 652-658.

(1996). Values, cultural identity, and European integration: Towards a theoretical model. The European Legacy: Vol. 1, Fourth International Conference of the International Society for the study of European Ideas, pp. 619-626.

(1996). The concept of Carolingian Europe in the foreign policy of the Federal Republic of Germany. The European Legacy: Vol. 1, Fourth International Conference of the International Society for the study of European Ideas, pp. 727-733.

(1996). Otherness, identity, and politics: Towards a framework of analysis. The European Legacy: Vol. 1, Fourth International Conference of the International Society for the study of European Ideas, pp. 409-414.

(1996). National identity: A variable concept. The European Legacy: Vol. 1, Fourth International Conference of the International Society for the study of European Ideas, pp. 445-452.

(1996). Contract government and the academic intellectuals. The European Legacy: Vol. 1, Fourth International Conference of the International Society for the study of European Ideas, pp. 762-770.