Journal of
Italian
Banking
Association
year 100
Italian
Banking
Association
year 100
Women, academia, and Boards of Directors of Italian Banks: what has changed?
Paola De Vincentiis, Eleonora Isaia, Noemi OggeroMay 2023 - n. 5
Keywords: Cda bancari, accademia, parità di genere
Jel codes: G20, A10, J16
The paper analyses the composition of the Board of Directors of Italian banks – listed and unlisted – in the 2006- 2018 period. The objective is to identify the effects of the mandatory minimum quota of the least represented gender, introduced for listed companies by law in 2012. The analysis shows an increase in the appointment of women to the board for both listed and unlisted banks (affected by the change only in terms of moral suasion). The concomitance of the law and the ban on interlocking marks a turning point, drastically reducing the accumulation of charges, concentrated in the male subsample. The analysis shows a sharp increase in female university professors in the boards, especially for listed banks. Female directors are on average younger than male directors and preferably chosen with previous board experience.
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