Sample description by adoption and renewal
| Adopter | First BoDs engagement period | Firm-year observations | Renewal | BoDs engagement period | Firm-year observations | Mean BoDs gender |
|---|---|---|---|---|---|---|
| First | 2013–2015 | 268 | Before first renewal | 2010–2012 | 100 | 0.10 |
| First renewal | 2013–2015 | 84 | 0.27 | |||
| Second renewal | 2016–2018 | 84 | 0.40 | |||
| Second | 2014–2016 | 314 | Before first renewal | 2010–2013 | 145 | 0.11 |
| First renewal | 2014–2016 | 99 | 0.27 | |||
| Second renewal | 2017–2019 (2017–2018 in the sample) | 70 | 0.36 | |||
| Third | 2015–2017 | 370 | Before first renewal | 2010–2014 | 211 | 0.13 |
| First renewal | 2015–2017 | 118 | 0.27 | |||
| Second renewal | 2018–2020 (2018 in the sample) | 41 | 0.33 | |||
| Total | 952 | Total | 952 |
| Adopter | First BoDs engagement period | Firm-year observations | Renewal | BoDs engagement period | Firm-year observations | Mean BoDs gender |
|---|---|---|---|---|---|---|
| First | 2013–2015 | 268 | Before first renewal | 2010–2012 | 100 | 0.10 |
| First renewal | 2013–2015 | 84 | 0.27 | |||
| Second renewal | 2016–2018 | 84 | 0.40 | |||
| Second | 2014–2016 | 314 | Before first renewal | 2010–2013 | 145 | 0.11 |
| First renewal | 2014–2016 | 99 | 0.27 | |||
| Second renewal | 2017–2019 | 70 | 0.36 | |||
| Third | 2015–2017 | 370 | Before first renewal | 2010–2014 | 211 | 0.13 |
| First renewal | 2015–2017 | 118 | 0.27 | |||
| Second renewal | 2018–2020 | 41 | 0.33 | |||
| Total | 952 | Total | 952 |
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