Gender Diversity And Firms’ Financial Performance In Malaysia

This study aims to investigate the relationship between gender diversity in a frm’s board of directors and fnancial performance of frms listed on Bursa Malaysia for the period between 2009 and 2013. Using unbalanced panel data analysis, we tested whether gender diversity in the boardroom may influ...

Full description

Saved in:
Bibliographic Details
Main Authors: Yap, Irean Lee Kuen, Chan , Sok Gee, Zainudin, Rozaimah
Format: Article
Language:English
Published: Asian Academy of Management (AAM) 2017
Subjects:
Online Access:http://eprints.usm.my/37118/1/aamjaf13012017_2.pdf
http://eprints.usm.my/37118/
http://web.usm.my/journal/aamjaf/aamjaf13012017/aamjaf13012017_2.pdf
Tags: Add Tag
No Tags, Be the first to tag this record!
Institution: Universiti Sains Malaysia
Language: English
Description
Summary:This study aims to investigate the relationship between gender diversity in a frm’s board of directors and fnancial performance of frms listed on Bursa Malaysia for the period between 2009 and 2013. Using unbalanced panel data analysis, we tested whether gender diversity in the boardroom may influence the frm’s performance, as measured by Tobin’s Q. We employed four different proxies for gender diversity (the dummy variable for women, the percentage of women on the board, the Blau index, and the Shannon index) to provide a more comprehensive measure of gender diversity. This study suggests that a higher degree of female representation on the board increases a frm’s fnancial performance. Positive discrimination favouring female boardroom appointment is therefore likely to persist as a feature of the corporate governance landscape in Malaysia.