Seminar Series

2022 - 2023

 Speaker: Arthur Petit-Romec (TBS).

Title: “The Voting Behavior of Women-Led Mutual Funds”

joint with Alberta Di Giuli (ESCP) and Alexandre Garel (Audencia).

Date: Thursday, January 5th at 12h30 (Paris Time).

Abstract: This paper examines the voting behavior of women-led mutual funds. We find that women-led mutual funds are more likely to support environmental and social (ES) proposals, but not governance ones, and their voting support is more pronounced for proposals explicitly related to ES risks. Among ES proposals, they support more environmental proposals and those related to diversity. Women-led mutual funds are more likely to vote with management in firms headed by female CEOs. They are also more likely to support female candidates in director elections, especially so when there is a shortage of female directors. Finally, women-led mutual funds are not more likely to follow ISS recommendations than other funds. Our results suggest that gender differences in fund management teams influence their voting behavior.

You are cordially invited to participate to the seminar, which will take place in Room 204, Bosco building.

For more information, please contact: Pierre Mella-Barral p.mella-barral@tbs-education.fr