The paper examines the impact of gender diversity on corporate decision-making, focusing on the differences between male and female directors in Sweden. Using a survey of all directors of publicly-traded corporations in Sweden, the authors find that female and male directors differ systematically in their core values and risk attitudes. While certain gender differences disappear at the director level, others persist. Specifically, female directors are more benevolent and universally concerned but less power-oriented than their male counterparts. They are also less traditional and security-oriented, and slightly more risk-loving. These findings suggest that having women on the board does not necessarily lead to more risk-averse decision-making. The study also highlights the importance of understanding the attributes of women in leadership positions to reduce statistical discrimination and address the potential implications of gender quotas in corporate governance.The paper examines the impact of gender diversity on corporate decision-making, focusing on the differences between male and female directors in Sweden. Using a survey of all directors of publicly-traded corporations in Sweden, the authors find that female and male directors differ systematically in their core values and risk attitudes. While certain gender differences disappear at the director level, others persist. Specifically, female directors are more benevolent and universally concerned but less power-oriented than their male counterparts. They are also less traditional and security-oriented, and slightly more risk-loving. These findings suggest that having women on the board does not necessarily lead to more risk-averse decision-making. The study also highlights the importance of understanding the attributes of women in leadership positions to reduce statistical discrimination and address the potential implications of gender quotas in corporate governance.