Does Board Gender Diversity Have a Financial Impact Evidence Using Article

Does Board Gender Diversity Have a Financial Impact Evidence Using Stock Portfolio Performance - Article Example Market operators like securities exchanges, regularly give best corporate governance practice guidelines. Market operators and law breakers started addressing women under-representation in the corporate world’s upper echelons. For example, in UK and Australia, the operators suggest that companies listed explain and disclose their self-assessed performance and chosen diversity policy (AICD, 2012). The growing regulation targets on board gender diversity and the development of the entire corporate board diversity. In portfolio approach, gender diversity provides an extensive economic development over firm-level analysis. Forming portfolio requires the averaging out of firm-specific characteristics, getting rid of heterogeneity issues and reduction of neglected variable problems. The research of corporate governance is affected by endogeneity, such as reverse causality, omitted variables and heterogeneity among samples (Adams & Ferreira, 2009). Therefore, portfolios accurately reflect the impact of new regulation on the entire market. In addition, portfolio statistics shows that the board diversity adoption has led to a significant transition. Between 2004 and 2010, sampled companies’ percentages with diverse boards increased to 36% and 42%. After self-regulation (2011), a total of 52% of the sampled companies reported that they have diverse boards. For example, the Institute of Company managers in Australia stated to have recruited women in a relatively large number to boards since 2010 (AICD, 2012). Hence, self-regulation contributed hugely to diversity growth in firms. Firms’ portfolio aggregate returns can examine diversity. It is carried out through comparing the diversity-boards with non-diversity boards and boards that have varying degrees of diversity. The diversity boards have more than one woman representing the directors while the non-diversity boards have none. According to research, the boards with woman representation have more

Sweeney Todd by Tim Burton Essay Example | Topics and Well Written Essays - 1250 words

Sweeney Todd by Tim Burton - Essay Example   Burton, in his bid to ensure that the film retained its most critical aspects consulted heavily with Sondiem, the latter giving as much advice as possible throughout the process.I find that the film has continued to follow Sondiem’s plot while at the same time attempting to make it as short as possible so that it can retain the basic length of motion pictures. Sondiem’s influence can be seen throughout the film, starting from the costumes worn by the actors to the music being performed and this shows that despite the play being adapted to film, it remains faithful to its roots on stage. Furthermore, Burton is able to put his own mark on the film through his ensuring that it is not only dark, but it also includes those roles that different actors play extremely well, hence the film has a natural feel to it. In this way, it is possible to find that the different actors are actually quite comfortable in their roles, hence making the film more natural as it moves from o ne scene to another.However, I find that while the main plot of the play is retained in the film, the latter does not completely remain loyal to the script as seen where the roles of some characters is diminished in favor of others. I believe that this might be as a result of the shorter length of the film when compared to the play which is actually quite long and the original plot cannot be included. I have come to notice that the roles of some of the minor characters are completely removed and that some of their lines are given to other characters.