Women Do it Better: An Investigation on the Association between Gender Diversity In Board of Directors and the Financial Performance

<p class="Pa7">The aim of this study is to analyse the impact of gender diversity on the financial performance of Italian listed companies. A cross-sectional regression used about the data of the year 2016 of Italian listed firms. The study is a mix of descriptive and explanatory res...

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Main Authors: Matteo Rossi, Serena Galasso, Arturo Capasso
Format: Article
Language:English
Published: EconJournals 2017-12-01
Series:International Journal of Economics and Financial Issues
Online Access:https://www.econjournals.com/index.php/ijefi/article/view/5577
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spelling doaj-3c6088a9e18647e9857b976b45f3e4cc2020-11-25T01:45:14ZengEconJournalsInternational Journal of Economics and Financial Issues2146-41382017-12-017641502996Women Do it Better: An Investigation on the Association between Gender Diversity In Board of Directors and the Financial PerformanceMatteo Rossi0Serena Galasso1Arturo Capasso2University of SannioUniversity of SannioUniversity of Sannio<p class="Pa7">The aim of this study is to analyse the impact of gender diversity on the financial performance of Italian listed companies. A cross-sectional regression used about the data of the year 2016 of Italian listed firms. The study is a mix of descriptive and explanatory research. The model is a scoring model, composed by two variables: Board of Directors (BoD), and Top Management (TM). We investigate the impact of these variables on the Return on Equity, the Price book value, and the EBITDA. The study shows a positive relationship between financial performance and the composition of the BoD and the operational performance and the composition of the Top management. The cross sectional regression highlights also the non-relation on the Return on Equity. Anyway these contrasting results confirm the properness of the model for this kind of research.</p><p><strong>Keywords: </strong>Gender Diversity, Financial Perfomance, Borad of Directors, Italian Listed Companies</p><p><strong>JEL Classifications: </strong>G32, M14, G30</p>https://www.econjournals.com/index.php/ijefi/article/view/5577
collection DOAJ
language English
format Article
sources DOAJ
author Matteo Rossi
Serena Galasso
Arturo Capasso
spellingShingle Matteo Rossi
Serena Galasso
Arturo Capasso
Women Do it Better: An Investigation on the Association between Gender Diversity In Board of Directors and the Financial Performance
International Journal of Economics and Financial Issues
author_facet Matteo Rossi
Serena Galasso
Arturo Capasso
author_sort Matteo Rossi
title Women Do it Better: An Investigation on the Association between Gender Diversity In Board of Directors and the Financial Performance
title_short Women Do it Better: An Investigation on the Association between Gender Diversity In Board of Directors and the Financial Performance
title_full Women Do it Better: An Investigation on the Association between Gender Diversity In Board of Directors and the Financial Performance
title_fullStr Women Do it Better: An Investigation on the Association between Gender Diversity In Board of Directors and the Financial Performance
title_full_unstemmed Women Do it Better: An Investigation on the Association between Gender Diversity In Board of Directors and the Financial Performance
title_sort women do it better: an investigation on the association between gender diversity in board of directors and the financial performance
publisher EconJournals
series International Journal of Economics and Financial Issues
issn 2146-4138
publishDate 2017-12-01
description <p class="Pa7">The aim of this study is to analyse the impact of gender diversity on the financial performance of Italian listed companies. A cross-sectional regression used about the data of the year 2016 of Italian listed firms. The study is a mix of descriptive and explanatory research. The model is a scoring model, composed by two variables: Board of Directors (BoD), and Top Management (TM). We investigate the impact of these variables on the Return on Equity, the Price book value, and the EBITDA. The study shows a positive relationship between financial performance and the composition of the BoD and the operational performance and the composition of the Top management. The cross sectional regression highlights also the non-relation on the Return on Equity. Anyway these contrasting results confirm the properness of the model for this kind of research.</p><p><strong>Keywords: </strong>Gender Diversity, Financial Perfomance, Borad of Directors, Italian Listed Companies</p><p><strong>JEL Classifications: </strong>G32, M14, G30</p>
url https://www.econjournals.com/index.php/ijefi/article/view/5577
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AT serenagalasso womendoitbetteraninvestigationontheassociationbetweengenderdiversityinboardofdirectorsandthefinancialperformance
AT arturocapasso womendoitbetteraninvestigationontheassociationbetweengenderdiversityinboardofdirectorsandthefinancialperformance
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