Does Gender Diversity Matter? Study of Female Directors and Corporate Performance

Evidence of China

DOI

10.2991/aebmr.k.220307.457How to use a DOI?

Keywords

female perspective; corporate governance; gender diversity

Abstract

With the improvement of women’s social status, women try to seek higher positions in firms. The female perspective is prevalent in corporate governance researches. This study aims to figure out does gender diversity on boards influences corporate performance in China. The researcher uses panel regression to analyze 24,108 firm-year observations from the Chinese Securities Market and Accounting Research database from 2010 to 2020. This study uses standard error and lagged board variables to test robustness. The researcher concludes that gender diversity on boards significantly improves parent firms’ performance but does not significantly influence the corporation’s performance. This study uses the latest data, providing a recent view for policymakers and regulators to discuss whether it is necessary to set a mandatory requirement or recommended best practice to promote gender diversity on boards. This research helps firms understand the importance of gender diversity on boards and promote the adjustment of gender structure on boards.

Copyright

© 2022 The Authors. Published by Atlantis Press International B.V.

Open Access

This is an open access article under the CC BY-NC license.

Download article (PDF)

TY  - CONF
AU  - Jie Liu
PY  - 2022
DA  - 2022/03/26
TI  - Does Gender Diversity Matter? Study of Female Directors and Corporate Performance
BT  - Proceedings of the 2022 7th International Conference on Financial Innovation and Economic Development (ICFIED 2022)
PB  - Atlantis Press
SP  - 2811
EP  - 2824
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.220307.457
DO  - 10.2991/aebmr.k.220307.457
ID  - Liu2022
ER  -