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A recent report by the Workplace Gender Equality Agency (WGEA) claims that female CEOs outperform male CEOs. The report argues they increase shareholder wealth by 5% more than their male counterparts. They imply that female CEOs are better than male CEOs (rather than simply advocating equality). This video analyzes that study, focusing on its econometrics and methodology. The video highlights several major flaws in the report. These include problems with the dependent variables (i.e., performance measures), myriad missing control variables, a problematic approach to causality (i.e., do female CEOs cause better performance), and sampling issues. The original WGEA report is available here: https://www.wgea.gov.au/newsroom/medi... #CorporateGovernance #Equality #GenderEquality My valuation book: [US]: https://amzn.to/2LUwYQW [Australia] https://amzn.to/2WWX6Ra Courses: International Finance: https://financialanalysis.teachable.c... Valuation: https://bit.ly/36nFfGp Options, Futures, and Derivatives: https://financialanalysis.teachable.c... **************************** *MY GEAR **************************** Logitech c922 Available from Amazon here: US: https://amzn.to/2xDUfTs Australia: https://amzn.to/3b8U7ZN Softlight setup available here from Amazon US: https://amzn.to/2xHVEbF Australia: https://amzn.to/2YPyTOp Wacom writing tablet Australia: https://amzn.to/2SDHBLE US: https://amzn.to/2YHmyeK