Mariassunta Giannetti - Winner of the 2017 ECGI Working Paper Finance Series
Do firms with culturally diverse board members behave differently than firms with more homogenous board members? The award winning study by Professor Mariassunta Giannetti with Prof. Mengxin Zhao (University of Alberta) suggests that they do.
Companies with diverse boards tend to have a quicker turnover of board members, and they also hold board meetings more frequently. This reason could be that those boards, because of their diversity, experience more internal conflicts. But it also means that they come up with more original and unpredictable solutions.
Find out more about this interesting research in the interview on You-Tube.