Hello everyone.
I hope you can help me.
I am studying the impact of gender diversity on board composition on the likelihood of bankruptcy and capital structure decisions in two different regions: MENA and Europe.
I found that women directors decrease the probability of bankruptcy in the MENA region more than in European countries. I also found that their impact on capital structure (leverage, cost, and maturity of debt) in European countries is totally opposite to that in the MENA region.
Do you have an economic explanation for my results, please, because I have not found a convincing explanation?
I am looking forward to your answer and hope that your responses can help me with this master's study.
Best regards.
I hope you can help me.
I am studying the impact of gender diversity on board composition on the likelihood of bankruptcy and capital structure decisions in two different regions: MENA and Europe.
I found that women directors decrease the probability of bankruptcy in the MENA region more than in European countries. I also found that their impact on capital structure (leverage, cost, and maturity of debt) in European countries is totally opposite to that in the MENA region.
Do you have an economic explanation for my results, please, because I have not found a convincing explanation?
I am looking forward to your answer and hope that your responses can help me with this master's study.
Best regards.
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