Kaddoum, Tina (2023) CEO Gender and Company Performance during Times of COVID: Did COVID Cause Gender Discrimination in Company Leadership and Performance? Masters thesis, Concordia University.
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Abstract
The announcement of COVID-19 as a global pandemic had a negative impact on the economy worldwide. In this paper, we examine whether female-led companies were able to recover faster during the pandemic than male-led companies. Using a sample of 470 U.S. companies, we find that male CEOs outperformed female CEOs. The company’s current ratio, size, P/E ratio, as well as the CEO’s age are all negatively correlated with the post-announcement buy-and-hold abnormal return (BHAR) of the firm. We also find that compensation can be positively correlated with the BHAR in certain event windows.
| Divisions: | Concordia University > John Molson School of Business > Finance |
|---|---|
| Item Type: | Thesis (Masters) |
| Authors: | Kaddoum, Tina |
| Institution: | Concordia University |
| Degree Name: | M. Sc. |
| Program: | Finance |
| Date: | March 2023 |
| Thesis Supervisor(s): | Proelss, Julianne |
| ID Code: | 991873 |
| Deposited By: | Tina Kaddoum |
| Deposited On: | 21 Jun 2023 14:50 |
| Last Modified: | 21 Jun 2023 14:50 |
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