Impact of gender diversity on Indian firm's financial performance

creativework.keywordsGender diversity | Number of female directors | ROA | ROE
dc.contributor.authorHassan, Zubair
dc.contributor.authorDankwano, Racheal Nana
dc.date.accessioned2024-10-03T12:01:57Z
dc.date.available2024-10-03T12:01:57Z
dc.date.issued2018-05-30
dc.description.abstractGender diversity has tremendously gained attention in the corporate world both among policy makers and researchers. This is because it has been believed that gender diverse board brings different perspectives of idea to the board which enhances the firm financial performance. The purpose of this research is to examine the impact of gender diversity on Indian firm’s financial performance. The research has been carried out on 21 female dominated companies (having more than 10% female director’s) and 21 male dominated companies (having less than 10% female directors) listed on Bombay Stock Exchange (BSE) with total population of 220 companies spread across different industry segment from both public and private sectors. This research employed cross-sectional data for a period of 2017 and used stratified proportionate random sampling technique. The dependent variable firm financial performance adopted by the study used accounting base-return which is measure by Return on asset (ROA) and Return on equity (ROE). This study adopted an explanatory research design and secondary data was collected and analyzed through independent samples test and Group statistics using SPSS software. This research found that increasing number of female directors has a negative significant impact on ROA. Additionally, the study found increasing number of female directors has a positive significant impact on ROE. This research is limited in relying on cross-sectional data.
dc.formatpdf
dc.identifier.urihttps://hoba.ium.edu.mv/handle/1/2471
dc.language.isoen
dc.subjectFinancial Management
dc.titleImpact of gender diversity on Indian firm's financial performance
dc.title.alternativeInternational Journal of Management, Accounting and Economics, vol. 5, no. 5, May, 2018
Files
Original bundle
Now showing 1 - 1 of 1
Loading...
Thumbnail Image
Name:
Impact of gender diversity on Indian firm's financial performance.pdf
Size:
998.08 KB
Format:
Adobe Portable Document Format
License bundle
Now showing 1 - 1 of 1
No Thumbnail Available
Name:
license.txt
Size:
0 B
Format:
Item-specific license agreed to upon submission
Description: