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Gender diversity in the board and firms performance

Author

Listed:
  • Muhammad Ishfaq Ahmad

    (Lahore Business School, The University of Lahore, Pakistan)

  • Muhammad Akram Naseem

    (Lahore Business School, The University of Lahore, Pakistan)

  • Ramiz ur Rehman

    (Lahore Business School, The University of Lahore, Pakistan)

  • Rizwan Ali

    (Lahore Business School, The University of Lahore, Pakistan)

  • Suhaib Mazoor

    (Lahore Business School, The University of Lahore, Pakistan)

Abstract

Good corporate governance has been on the corporate agenda for the last two decades. Among other issues, female’s presentation in the board rooms received much more attention. This study examines the participation of females as an executive in corporate management and financial performance of the engineering sector of Pakistan. The data comes from listed companies at the Pakistan Stock exchange from 2010 to 2019. By using the data of 12 companies, it is found that there is a significant positive relationship between board diversity and financial performance. Moreover, board size and board meetings and CEO education have a significant positive influence on the financial performance of firms. However, board independence has a significant negative influence on financial performance.

Suggested Citation

  • Muhammad Ishfaq Ahmad & Muhammad Akram Naseem & Ramiz ur Rehman & Rizwan Ali & Suhaib Mazoor, 2021. "Gender diversity in the board and firms performance," International Journal of Financial Engineering (IJFE), World Scientific Publishing Co. Pte. Ltd., vol. 8(01), pages 1-12, March.
    • Handle: RePEc:wsi:ijfexx:v:08:y:2021:i:01:n:s2424786320500449
    DOI: 10.1142/S2424786320500449
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    Cited by:

    1. Bottan, Daria & McKee, Douglas & Orlov, George & McDougall, Anna, 2022. "Racial and gender achievement gaps in an economics classroom," International Review of Economics Education, Elsevier, vol. 40(C).
    2. Franz Sinabell, 2021. "Die österreichische Land- und Forstwirtschaft im Kontext der Bioökonomie," WIFO Monatsberichte (monthly reports), WIFO, vol. 94(9), pages 651-664, September.

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