Plausibly Exogenous [1872] - Female Directors (03/19/2025)

LHS Variable
Firms’ cost of debt

RHS Variable
Appointment of female directors

Source of Exogenous Variation
Board-gender quota regulation enacted in 2006 in Norway

- Garcia-Blandon, Maria, and Diego (2024), “Female directors and the firm's cost of debt: Evidence from a quasi-natural experiment”