THE IMPACT OF BOARD GENDER DIVERSITY ON FIRM PERFORMANCE: EVIDENCE FROM VIETNAMESE LISTED FIRMS

Hoàng Thị Phương Anh, Nguyễn Ngọc Hồng Trang

Abstract


This paper evaluates the impact of board gender diversity on the performance of 170 non-financial corporations listed on the Vietnamese stock market over the period 2010-2015. Research findings show that gender diversity, as measured by the proportion and number of female directors on the board, has a positive influence on firm performance. Moreover, we found robust evidence that the boards of directors with three or more female members may exert a stronger positive effect on firm performance than boards with two or fewer female members.

Keywords


Firm performance; Board of directors; Gender diversity.

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DOI: http://dx.doi.org/10.37569/DalatUniversity.9.1.463(2019)

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