She’-e-os: Gender Effects and Investor Reactions to the Announcements of Top Executive Appointments

This study explores the relationship between announcements of CEO appointments and investor reactions, and particularly the influence of CEO gender on that relationship. The most striking finding are that the stock in a company drops after the announcement of a female CEO, and that journalists reference gender more when writing about women executives than they writing about men.
 

URL: 
http://erikahayesjames.com/2009/04/she%E2%80%99-e-os-gender-effects-and-investor-reactions-to-the-announcements-of-top-executive-appointments/