The Impact of Gender Diversity and Female Director's Characteristics on Firm Performance

Ai, Shufan (2019) The Impact of Gender Diversity and Female Director's Characteristics on Firm Performance. [Dissertation (University of Nottingham only)]

[img] PDF - Registered users only - Requires a PDF viewer such as GSview, Xpdf or Adobe Acrobat Reader
Download (461kB)


The impact of board gender diversity has been a controversial and much disputed subject within the field of corporate performance where a great number of studies have attempted to discover their relationship, but have not reached a unified conclusion. The purpose of this paper is to explore whether there is a relationship between female directors and their education political background of female directors on the boards of 86 Chinese companies in food and beverage industry and company performance. Data from 2013-2017 instead of 2018 was used because the information for 2018 has not been updated in the database completely and was difficult to obtain. This data was achieved from the RESSET and CSMAR databases, including ROA, ROE, as a dependent variable, and the percentage and a dummy variable for the women on the boards, and the educational and political background of female directors selected as independent variables. In addition to these mentioned factors, this paper also uses board size, company size and leverage as control variables, which were also considered to affect company performance in previous studies. To test this relationship, the STATA software was employed to perform OLS regression analysis. Unlike some previous studies, this piece of research finds a negative correlation between board gender diversity and company performance. At the same time, the educational background has proven to be unrelated to company performance, and the political background of female directors can positively influence company performance.

Item Type: Dissertation (University of Nottingham only)
Depositing User: AI, Shufan
Date Deposited: 07 Dec 2022 13:29
Last Modified: 07 Dec 2022 13:29

Actions (Archive Staff Only)

Edit View Edit View