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Non-financial disclosure and women on board: Is a mandatory approach on gender quotas effective to increase communication quality?
Titolo Rivista: FINANCIAL REPORTING 
Autori/Curatori: Rebecca Miccini 
Anno di pubblicazione:  2021 Fascicolo: 2  Lingua: Inglese 
Numero pagine:  35 P. 45-79 Dimensione file:  437 KB
DOI:  10.3280/FR2021-002002
Il DOI è il codice a barre della proprietà intellettuale: per saperne di più:  clicca qui   qui 


The present study investigates the effects of women on companies’ boards on the quality of non-financial information, and the influence that a mandatory ap-proach has on this relationship. Previous studies have dealt with analysing the ef-fects of female presence on CSR or ESG information, but few pieces of research have taken into account other strands of non-financial information and have re-sorted to an index to measure its quality. Therefore, this study aims to contribute by extending the analysis to any type of non-financial information communicated by a company. Moreover, the present research contributes to the strand of litera-ture investigating the role of women on companies’ boards. In fact, the results of the OLS regression analysis demonstrated that the presence of women with an ex-ecutive role positively influences the quality of disclosure in Italy, and this rela-tionship is not influenced by the advanced stage of application of the regulation on gender quotas. Moreover, disclosure quality is significantly higher for firms that disclose a non-financial statement. Nevertheless, the study suffers from some limi-tations with respect to the sample size and the analysis of the trend in reporting af-ter the introduction of Directive 2014/95/EU.


Keywords: women on board, women executives, non-financial disclosure, disclo-sure quality.
Jel Code: M14, M40, M48

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Rebecca Miccini, in "FINANCIAL REPORTING" 2/2021, pp. 45-79, DOI:10.3280/FR2021-002002

   

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