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When Women Are on Boards, Male CEOs Are Less Overconfident

A number of governments (notably those in India, California, and parts of Europe) are pushing for greater female representation in the boardroom. And several studies suggest why: Having women on the board results better acquisition and investment decisions and in less aggressive risk-taking, yielding benefits for shareholders. What’s less clear is why these effects happen. See more.

The effects of women on boards are also discussed in chapter 7 of my corporate governance textbook.

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