The impact of the Norwegian Gender Quota on female representation on the board of directors and its influence on financial performance. A study of 30 companies listed on the Oslo Stock Exchange between 2002-2009.Tools Sinani, Eridona (2021) The impact of the Norwegian Gender Quota on female representation on the board of directors and its influence on financial performance. A study of 30 companies listed on the Oslo Stock Exchange between 2002-2009. [Dissertation (University of Nottingham only)]
AbstractIn 2003, Norway became the first country to implement a gender quota law. This law required all public listed companies’ board of directors to comprise of at least 40% women. The Norwegian gender quota law has brought a lot of attention to the influence of female representation on firm financial performance to researchers. This research study comprises of analysis based on 30 Norwegian companies listed on the Oslo Stock Exchange between 2002 to 2009. Empirical findings indicate that a rise in female representation on the board of directors, due to the gender quota implementation, has had no significant effects on firm financial performance, this is confirmed using robustness checks, aligning with previous literature.
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