Corporate Board Gender Diversity and Firm Financial Performance:The Institutional Investor Bias in Taiwan

碩士 === 國立中央大學 === 人力資源管理研究所 === 101 === With the growth of general education, job market, assuming economic responsibility for the household and self-actualization etc., there are more and more women play a decisive role in workplace throughout the world. And the issue of the working women’s right...

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Bibliographic Details
Main Authors: Meng-hsun Wang, 王孟洵
Other Authors: Ming-yuan Chen
Format: Others
Language:zh-TW
Published: 2013
Online Access:http://ndltd.ncl.edu.tw/handle/50522365677306046371
Description
Summary:碩士 === 國立中央大學 === 人力資源管理研究所 === 101 === With the growth of general education, job market, assuming economic responsibility for the household and self-actualization etc., there are more and more women play a decisive role in workplace throughout the world. And the issue of the working women’s right has become having the equal opportunities to promote to the top level of management. The board of directors is the most important decision-making body in a corporation, and by observing the rate of women on board can measure the decision-making power of women in workplace. The study aims to know the relation between board gender diversity and firm financial performance in Taiwan, and try to know how the gender bias in it. The data collected from Taiwan Economic Journal Data Bank, with the total of 240 subjects whose corporations have total assets over 10 billion NT dollar in 2010. Analyzing the relation between board gender diversity and firm financial performance by using method of multiple regressions and the result shows that the gender diversity has no significant relevant relations with financial performance-Tobin’s Q. But if consider the rate of institutional investor, there has significant positive relations. The institutional investor bias, especially the domestic legal instrument, may influent the relations between board gender diversity and Tobin’s Q.