The Impact of Female Monitoring Effect and Executive Effect on Corporate Performance

Evidence from Listed Companies in China

DOI

10.2991/aebmr.k.210601.053How to use a DOI?

Keywords

gender diversity, corporate performance, female leadership, Chinese listed market

Abstract

This paper examines the association between gender diversity and firm performance for Chinese listed companies. Gender diversity effect is divided into monitoring effect and executive effect. The former one refers to woman as an independent director, while the later one is identified as woman as a high-position manager in company. In a sample of Chinese companies that issued IPOs since 2016, this study shows that, on average, female independent directors have no significant impact on firm-performance. However, there is a strong correlation between the number of women executives and corporate return on equity. It could be taken to suggest that Chinese listed companies do benefit from increasing gender diversity in the senior management teams, which could complement their rather poor corporate governance practices.

Copyright

© 2021, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Weihui Hu
PY  - 2021
DA  - 2021/06/02
TI  - The Impact of Female Monitoring Effect and Executive Effect on Corporate Performance
BT  - Proceedings of the 2021 International Conference on Enterprise Management and Economic Development (ICEMED 2021)
PB  - Atlantis Press
SP  - 306
EP  - 312
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.210601.053
DO  - 10.2991/aebmr.k.210601.053
ID  - Hu2021
ER  -