Firm Resilience to Exogenous Shocks: The Impact of Gender Diversity in Leadership
- Authors: Furio Urso, Cristina Leone, Pasquale Massimo Picone, Maria Francesca Cracolici
- Publication year: 2025
- Type: Contributo in atti di convegno pubblicato in volume
- OA Link: http://hdl.handle.net/10447/684636
Abstract
The study examines the resilience of European-listed firms to exogenous shocks focusing on the impact of gender diversity in the board and executive leadership. Using a Dynamic Panel Model for the period 2014-2023, we analyze the effect of U.S. and China trade war (2017–2018) and the COVID-19 pandemic (2020–2023) shocks, and we measure firm resilience as deviations between observed and counterfactual price trends.