Despite the fact that the labour force participation rate of women declined in the company bodies of publicly traded companies in 2017, there has been a growing representation of women in these positions in Europe. The representation of women is important due to the use of available human resources, the improvement in the quality of human capital and the positive effect on economic development. Gender imbalance in the management and supervisory bodies of publicly traded companies can be associated with lower management effectiveness, a decision-making quality that can influence the business situation of companies, which could be related to stock price development. Thus, this paper is focuses on examining the relationship between gender diversity in boardrooms and on supervisory boards and the stock prices of selected European publicly traded companies. The results show that there are dissimilar relations between stock prices and gender variables among the sectors and countries analysed.

中文翻译：

---

董事会和监事会的性别多元化及其与股价的关系

尽管 2017 年上市公司的公司机构中女性的劳动力参与率有所下降，但在欧洲，担任这些职位的女性人数不断增加。由于可用人力资源的利用、人力资本质量的提高以及对经济发展的积极影响，妇女的代表性很重要。上市公司管理和监督机构的性别失衡可能与较低的管理效率有关，这是一种可以影响公司业务状况的决策质量，这可能与股价发展有关。因此，本文重点研究董事会和监事会的性别多样性与选定的欧洲上市公司股票价格之间的关系。结果表明，在所分析的部门和国家之间，股票价格和性别变量之间存在不同的关系。