THE INFLUENCE OF BOARD GENDER DIVERSITY ON FINANCIAL PERFORMANCE OF LISTED COMPANIES IN NIGERIA
AbstractIn this study, we examine the impact of board gender diversity on the financial performance of listed companies in Nigeria. Using the sample of 400 firm-year observations for the period of 2012-2016. The data was analysed by means of panel corrected standard error (PCSE), the study finds that gender diversity (female directors) influences the financial performance of companies listed on the Nigerian Stock Exchange. The findings supported the argument that gender diversity enhance the financial outcomes of the firms. Consistent with resources dependency theory, the result implies that female directors contribute to the upper echelon of firm’s decision. The finding informs the regulators and other stakeholders on the roles of female directors in explaining the corporate financial outcomes.
Dec 27, 2019
How to Cite
SANI, Armaya'u A et al. THE INFLUENCE OF BOARD GENDER DIVERSITY ON FINANCIAL PERFORMANCE OF LISTED COMPANIES IN NIGERIA. Management & Accounting Review (MAR), [S.l.], v. 18, n. 3, p. 51-68, dec. 2019. ISSN 2550-1895. Available at: <http://arionline.uitm.edu.my/ojs/index.php/MAR/article/view/885>. Date accessed: 17 feb. 2020. doi: http://dx.doi.org/10.24191/mar.v18i3.885.