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Nexus between women directors and firm performance: a study on BSE 200 companies

Author

Listed:
  • Najul Laskar
  • Khalada Sultana Choudhury
  • Jaynal Uddin Ahmed
  • Shahbaz Babar Khan
  • Shamil Mohammed

Abstract

The present study is a modest attempt to investigate the impact of gender diversity on firm performance of BSE 200 listed companies. The study is based on the secondary data collected from the EMIS database and the corporate governance reports for a period of eight years, i.e., from 2012 to 2019. Sample size of the present study is 174 Indian companies listed in the Bombay Stock Exchange. The study has employed multiple regression models by considering the endogeneity issue to empirically test the impact of gender diversity on firm performance in Indian context. Based on the multiple regression models, we find that the impact of gender diversity is positive and significant on the market-based measure of firm performance. However, the impact becomes negative significant when firm performance was measured by accounting based measure of firm performance.

Suggested Citation

  • Najul Laskar & Khalada Sultana Choudhury & Jaynal Uddin Ahmed & Shahbaz Babar Khan & Shamil Mohammed, 2024. "Nexus between women directors and firm performance: a study on BSE 200 companies," International Journal of Business Innovation and Research, Inderscience Enterprises Ltd, vol. 35(3), pages 355-371.
    • Handle: RePEc:ids:ijbire:v:35:y:2024:i:3:p:355-371
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