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BOARD GENDER DIVERSITY, FIRM PERFORMANCE AND FIRM RISK: A LITERATURE SURVEY

Geeta Singh and Rishi Dwesar ()
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Rishi Dwesar: ICFAI Business School Hyderabad

Copernican Journal of Finance & Accounting, 2022, vol. 11, issue 3, 69-84

Abstract: In this paper, we conduct a succinct review of literature to understand the impact of board gender diversity on firm performance and firm risk. The review indicates that the effect of gender diversity on firm performance and firm risk is inconclusive. Many studies indicate presence of a positive association between a firm’s board gender diversity and its value, while others document a negative relation, and still some showing that there is no significant relation between gender diversity and firm’s performance and risk. We recommend that there is a vast scope for research in this area, especially in the context of emerging countries to more broadly analyze the relation between a firm’s board gender diversity, and its performance and risk.

Keywords: board gender diversity; firm performance; firm risk (search for similar items in EconPapers)
Date: 2022
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