GOVERNANCE, BOARD DIVERSITY AND FIRM VALUE: THE CASE OF THE ITALIAN PUBLICLY LISTED FIRMS

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Giovanni Bronzetti, Romilda Mazzotta, Graziella Sicoli

DOI:10.22495/cocv8i1c6p5

Abstract

This paper investigates the relations firm on board diversity and firm value on a sample of Italian Publicly listed firm. Specifically, we look at the composition of boards (as defined board size, Majority of independent directors, leadership structure) and at his diversity (defined as the percentage of women and directors of other, average age of the board, other board’s member appointment). We provide evidence that board diversity positively affect performance.

Keywords: Firm Value, Board of Directors, Listed Firms, Italy

How to cite this paper: Bronzetti, G., Mazzotta, R., & Sicoli, G. (2010). Governance, board diversity and firm value: The case of the Italian publicly listed firms. Corporate Ownership & Control, 8(1-6), 637-645. http://dx.doi.org/10.22495/cocv8i1c6p5