Does board gender diversity affect firm performance? Empirical evidence from Standard & Poor's 500 Information Technology Sector

Artikel

The essence of this study is to investigate the influence of the board gender diversity on firms' accounting and market-based performance using a sample of Standard & Poor's 500 companies belonging to the information technology sector over 12 years. Using the pooled ordinary least squares (OLS) method, the outcomes provide evidence for a positive influence of women on corporate boards on both measures of company performance, except for the percentage of female executives in the case of return on assets (ROA). After estimating the fixed effects and random-effects through panel data, the econometric outcomes show no statistically significant association among board gender diversity and ROA but a positive influence of the number and percentage of women on board on price-to-earnings ratio.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Journal: Financial Innovation ; ISSN: 2199-4730 ; Volume: 7 ; Year: 2021 ; Issue: 1 ; Pages: 1-45 ; Heidelberg: Springer

Classification and Topics

• Classification: Management
• Subject: Firm performance ; Fixed-effects ; Gender diversity ; Pooled OLS ; Random-effects

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Simionescu, Liliana Nicoleta ; Gherghina, Ştefan Cristian ; Tawil, Hiba ; Sheikha, Ziad
• Event: Veröffentlichung
• (who): Springer
• (where): Heidelberg
• (when): 2021

Further information

• DOI: doi:10.1186/s40854-021-00265-x
• Handle: http://hdl.handle.net/10419/237283
• Last update: 10.03.2025, 11:44 AM CET