Given global interest in the effects of board gender diversity and the availability of abundant data on board gender composition and firm performance, many researchers have investigated the topic the research literature includes over 100 studies of firms in 35 countries and five continents ( post and byron, 2015 . (roe) over time to study the effect of board gender diversity on the long-term financial performance of the firm overall, our results suggest that firms with more gender diversity.
Eulerich et al (2014) analysed the influence of board diversity in terms of gender, age, nationality and functional diversity in german management boards on corporate performance empirically by using a sample of 149 listed firms for the years 2009, 2010 and 2011 and they mostly found negative effects of board diversity characteristics on corporate performance, especially regarding age and national diversity. Abstract we investigate the indirect effect of a board’s demographic diversity on ﬁrm performance via board monitoring in a context where boards are relatively homogeneous with respect to structural diversity, using data from turkey.
And firm fixed effects, lagged variables and instrumental variables (iv) overall, our result shows that gender diversity on corporate boards on swedish omx-listed firms has no effect on neither of our two measurement variables of financial performance, roa and tobin’s q.
The answer to question bothering on the relationship between board diversity and firm performance using mediating variables reputation and innovation was striking as the authors were of the opinion that increasing diversity on the board leads to more varied ideas, perspectives and networks (miller and triana 2009:764. Second, the moderating effect of board diversity on firm risk decreases in more volatile market conditions, when a nimbler decision process and swifter reactions may be more beneficial lastly, board diversity is less effective in moderating firm risk when a larger fraction of directors are co-opted or have longer tenure. This study examined the effect of board nationality and ethnic diversity on firms’ performance in the nigeria stock exchange with the aim of investigating the level of influence ethnic diversity and board nationality would affect firm performance in terms of profitability and growth in a developing economy, the study made use of roa, roe and tobin’s q for financial measures.