The effect of female presence on corporate boards of directors on the value relevance of accounting amounts: empirical evidence from the European Union

This paper investigates the ability of female presence to affect value relevance. Focusing on a sample 487 entities listed in 18 European countries over period 2009–2017, it uses price model assess relevance earnings and book disclosed consolidated annual reports firms analyzed. Findings offer evidence that corporate boards increases accounting amounts, providing insights board composition affects investors’ judgments. Taking into account literature scholars have shown is associated with market prices, this provides contribution, showing its equity. The research findings suggest not only quality standards but also other factors such as directors practices and, turn, financial reporting Its an additional support Union Gender Equality Strategy 2020–2025 according which increase women's participation labor has strong, positive impact whole economy.