The study examines the resilience of European-listed firms to exogenous shocks focusing on the impact of gender diversity in the board and executive leadership. Using a Dynamic Panel Model for the period 2014-2023, we analyze the effect of U.S. and China trade war (2017–2018) and the COVID-19 pandemic (2020–2023) shocks, and we measure firm resilience as deviations between observed and counterfactual price trends.
Furio Urso, C.L. (2025). Firm Resilience to Exogenous Shocks: The Impact of Gender Diversity in Leadership. In Book of short papers. 3rd Italian Conference on Economic Statistics. Sustainability, Innovation and Digitalization: Statistical Measurement for Economic Analysis (pp. 261-264). Enzo Albano Editore.
Firm Resilience to Exogenous Shocks: The Impact of Gender Diversity in Leadership
Furio Urso
Primo
;Cristina LeoneSecondo
;Pasquale Massimo Picone;Maria Francesca CracoliciUltimo
2025-06-12
Abstract
The study examines the resilience of European-listed firms to exogenous shocks focusing on the impact of gender diversity in the board and executive leadership. Using a Dynamic Panel Model for the period 2014-2023, we analyze the effect of U.S. and China trade war (2017–2018) and the COVID-19 pandemic (2020–2023) shocks, and we measure firm resilience as deviations between observed and counterfactual price trends.
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