Women leaders: A way to IPO success?

Indian society may be more advanced than we think it is

As soon as I saw the title of the research paper “How do markets react to women leaders? An IPO (initial public offering) investigation”, I felt irritated. Why do researchers have to sing the same song about how under-represented women are in leadership roles in India, be it in politics or in business or in the social sector? Why do we need one more lament in this vein?

But as I started reading the summary at the beginning of the paper, it had what was for me an astounding conclusion: “The results show that ... investors ... subscribe more to IPOs