GENDER DIVERSITY ON BOARDS AND MARKET PERFORMANCE: AN EMPIRICAL INVESTIGATION ON MALAYSIAN LISTED COMPANIES

Lack of women participation on boards becomes an important issue recently, which in turn relects gender diversity in the top management. This study attempts to examine the efect of gender diversity among corporate boards on market value. Theoretical framework is specially designed using concepts, me...

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Bibliographic Details
Main Authors: Marimuthu, Maran, Hassan, Rohail
Format: Citation Index Journal
Published: 2014
Subjects:
Online Access:http://eprints.utp.edu.my/11749/1/V10_1_Paper3.pdf
http://eprints.utp.edu.my/11749/
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Summary:Lack of women participation on boards becomes an important issue recently, which in turn relects gender diversity in the top management. This study attempts to examine the efect of gender diversity among corporate boards on market value. Theoretical framework is specially designed using concepts, measures and models. A sample of 565 large companies is considered based on their market capitalization. The largest sectors are trading & services, inance and industrial products. This study incorporates descriptive statistics, Anova, correlation testing and regression analysis. The results indicate that women participation does have a relationship with irm value.