...B. Casu; A. Gallo; E. Kalotychou; A. Sarkisyan This paper investigates corporate reactions to bank misconduct episodes. We test whether more diverse boards have a stronger disciplining effect and trigger “changes at the top”. We consider misconduct fines issued by US regulators to EU listed banks...

.... Board of directors gender diversity performance misconduct innovation G30 M14 Recent regulation to improve female representation on boards often cites research documenting that more gender diversity positively impacts the decisionmaking process and, therefore, companies’ results...