Gender Diversity and Firm Performance: Evidences from Emerging Markets

Minibhavan Chandrasekharan Minimol () and Phuong Lan Khong ()
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Minibhavan Chandrasekharan Minimol: Rajagiri College of Social Sciences, Kochi, India
Phuong Lan Khong: Foreign Trade University, HaNoi, Vietnam

Economic Research Guardian, 2021, vol. 11, issue 1, 156-169

Abstract: Diversity in board memberships has gained a lot of attention recently. Generally, diversity is measured by a wide range of aspects such as gender, ethnicity or cultural background. This research mainly focuses on gender diversity in boardrooms and the equivalence between ratio of women on board and men on board. Firm performance in this study is proxied by 3 indicators such as return on assets, return on equity and return on investment. Although there are many empirical studies throughout time in order to investigate impact of gender diversity on firm performance with the evidence from many countries, those studies are still rare in Asian countries. Especially, it is hard to find out a research comparing the effect of board gender diversity on firm performance in India with that in Vietnam. Both of the two nations have recently gained strong economic growth and foreign investment. That’s why this study is expected to be significantly contributes to the existing literature.

Keywords: Gender diversity; Firm performance, Emerging markets; Board room diversity; Women on board (search for similar items in EconPapers)
JEL-codes: G30 G34 J16 (search for similar items in EconPapers)
Date: 2021
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:wei:journl:v:11:y:2021:i:1:p:156-169

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