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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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 |
work_keys_str_mv |
AT matteorossi womendoitbetteraninvestigationontheassociationbetweengenderdiversityinboardofdirectorsandthefinancialperformance AT serenagalasso womendoitbetteraninvestigationontheassociationbetweengenderdiversityinboardofdirectorsandthefinancialperformance AT arturocapasso womendoitbetteraninvestigationontheassociationbetweengenderdiversityinboardofdirectorsandthefinancialperformance |
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1725024208621142016 |