Interdependencies of female board member appointments
研究了日本企业女性董事会成员的任命与企业绩效的关系，发现女性董事的公司绩效通常高于平均水平，且董事会网络中存在性别同质性，导致女性董事任命存在相互依赖。
We investigate the appointments of female board members of Japanese corporations together with the corporations’ performance. We relate the presence of female board members to the board and ownership networks of the corresponding firms. We find that firms with female board members often show above average performance. We also find that corporate boards and the corresponding members show homophily with respect to gender in their networks. The observed homophily leads to interdependencies in the appointments of new board members. New appointments of female board members are more likely at firms with ties to other boards with female board members.