Gender diversity in the boardroom: effects on financial structure

In this study, we shed a light about the relevance of gender diversity on board as driver to understand whether and to what extent the presence of women is relevant to the financial structure of the firms. Based on past contribution, we provide empirical evidence on the relationship of female directors and financial structure by revealing the role of female stereotype. Our empirical analysis is focused on Italy, a developed country with a maledominated society, by undertaking the first direct study of woman on board and firm financial aspects in Italy in both listed and not listed firms.