TY - JOUR
T1 - Gender diversity and firm performance
T2 - evidence from Dutch and Danish boardrooms
AU - Marinova, Joana
AU - Plantenga, Janneke
AU - Remery, Chantal
PY - 2016
Y1 - 2016
N2 - Drawing on the business case for gender diversity, this article examines whether board gender diversity has a positive effect on firm performance, based on evidence from the Netherlands and Denmark. We use empirical data on 186 listed firms observed in 2007. Almost 40% have at least one woman in the boardroom. Within boards, the average share of women is only 5.4%. To investigate the impact of board gender diversity, two-stage least-squares estimation is applied, using Tobin’s Q as a measure of performance. Our findings indicate that on the basis of this data-set, there is no relation between board diversity and firm performance.
AB - Drawing on the business case for gender diversity, this article examines whether board gender diversity has a positive effect on firm performance, based on evidence from the Netherlands and Denmark. We use empirical data on 186 listed firms observed in 2007. Almost 40% have at least one woman in the boardroom. Within boards, the average share of women is only 5.4%. To investigate the impact of board gender diversity, two-stage least-squares estimation is applied, using Tobin’s Q as a measure of performance. Our findings indicate that on the basis of this data-set, there is no relation between board diversity and firm performance.
KW - board diversity
KW - corporate governance
KW - female board representation
KW - firm performance
UR - http://www.scopus.com/inward/record.url?scp=84945236877&partnerID=8YFLogxK
U2 - 10.1080/09585192.2015.1079229
DO - 10.1080/09585192.2015.1079229
M3 - Article
AN - SCOPUS:84945236877
SN - 0958-5192
VL - 27
SP - 1777
EP - 1790
JO - The International Journal of Human Resource Management
JF - The International Journal of Human Resource Management
IS - 15
ER -