Work

Gender diversity in large listed Indian companies

Year: 2015

Type: article

Abstract: This paper aims to examine the effectiveness of gender diverse boards on financial performance in large listed Indian companies by taking a resource dependency perspective. Gender diverse board is measured by presence of the independent female director on the board. Further, financial performance is measured by the market performance measure taking Tobin’s Q. This relationship is examined by collecting information for eleven financial years from 2003 -13. Panel regression model is employed to assess the proposed relationship. The analysis confirms that independent gender diverse boards significantly affect financial performance. Another important revelation of the study is that the financial performance of company having gender diverse boards increases with board size

Source: Corporate Ownership and Control

DOI: 10.22495/cocv12i3c5p8

Authors: Arunima Haldar, Reeta Shah, S.V.D. Nageswara Rao

Institutions: S.P. Jain Institute of Management and Research, Indian Institute of Technology Bombay

Language: English

Topic: Gender Diversity and Inequality

Subfield: Gender Studies

Field: Social Sciences

Domain: Social Sciences

SDGs: Gender equality, Decent work and economic growth, Reduced inequalities

Open Access status: hybrid

OpenAlex ID: W2300730203

FWCI: 0.775

Cites: 51

Cited by: 17

Related to: 10