Diversity on Corporate Boards and Firm Performance: An Empirical Evidence from Malaysia

Authors

  • Humera Khan Faculty of Computing and Information Technology Northern Border University Rafha, Kingdom of Saudi Arabia
  • Rohail Hassan Department of Management and Humanities Universiti Teknologi PETRONAS, Malaysia
  • Maran Marimuthu Department of Management and Humanities Universiti Teknologi PETRONAS, Malaysia

DOI:

https://doi.org/10.20448/801.21.1.8

Keywords:

Gender diversity, Boards, Market performance, ROE.

Abstract

This study examines the relationship between gender diversity among corporate board and firms’ financial performance using 100 non-financial companies in Malaysia. This study uses data from 2009 to 2013. Return on equity measures the financial performance. Gender diversity measured by the number of females on board. This study incorporates descriptive statistics, correlation testing, and regression analysis. However, the results of gender diversity have a positive impact on performance (ROE).

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