The Effects of Women on the Board on the Firm Performance of Thai Listed Companies

Wannuda Petpairote () and Nongnit Chancharat
Additional contact information
Wannuda Petpairote: Faculty of Management Science Khon Kaen University, Postal: TH

Journal of Advanced Research in Law and Economics, 2015, vol. 6, issue 1, 147-160

Abstract: This study examines the relationships between women on the board and the firm performance of the listed companies on the Stock Exchange of Thailand SET We employ observed data on SET Index firms from 7 industries 338 companies in 2013 For our study of the associations between gender diversity on the board and firm performance the estimations were conducted with a two stage least squares technique using return on assets ROA as the well known performance measurement technique The results were significant for relationships between gender diversity and firm performance The industry group that is Agro and Food Technology Services and Consumer Products and so on was also related to firm performance in Thai listed companies This study contributes to our nascent understanding of the relationships between women on the board and the firm performance of Thai listed companies using multiple variants of gender diversity on the board These experimental results are consistent with the corporate governance principles for listed companies on the SET from 2012 which focus on the gender diversity of the board The study helps to reinforce these values in the corporate governance of the country via the relationships found with gender diversity which affect firm performance across industries and in some specific industries

Date: 2015
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:srs:jarle0:v:6:y:2015:i:1:p:147-160

Access Statistics for this article

Journal of Advanced Research in Law and Economics is currently edited by Madalina Constantinescu

More articles in Journal of Advanced Research in Law and Economics from ASERS Publishing
Bibliographic data for series maintained by Claudiu Popirlan ( this e-mail address is bad, please contact ).