MEs of gender-equitable boards on firm ratings
| Rating categories | AMEs | Sig. |
|---|---|---|
| AAA | 0.0001739** | 0.020 |
| AA+ to AA− | 0.0009538 *** | 0.001 |
| A+ to A− | 0.0106423 *** | 0.000 |
| BBB+ to BBB− | 0.0149432 *** | 0.000 |
| BB+ to BB− | −0.0044191 *** | 0.000 |
| B+ to B− | −0.0066536*** | 0.000 |
| CCC+ to D/SD | −0.0156405*** | 0.000 |
| Rating categories | AMEs | Sig. |
|---|---|---|
| AAA | 0.0001739** | 0.020 |
| AA+ to AA− | 0.0009538 *** | 0.001 |
| A+ to A− | 0.0106423 *** | 0.000 |
| BBB+ to BBB− | 0.0149432 *** | 0.000 |
| BB+ to BB− | −0.0044191 *** | 0.000 |
| B+ to B− | −0.0066536*** | 0.000 |
| CCC+ to D/SD | −0.0156405*** | 0.000 |
Note(s): Average MEs of a critical mass of women on the board on the probability of obtaining each rating category. Significance levels are indicated as follows: ***1 level, **5 level and *10% level
Sharing content requires targeting cookies to be enabled. Please update your cookie preferences to use this feature.