Board gender diversity and firm performance: evidence from Latin America

نویسندگان

چکیده

This study aims at analysing the relationship between board gender diversity (BGD) and financial performance for firms with headquarters based in Latin America (LatAm). Using panel data from 243 listed during period 2012–2018, we find that BGD LatAm does not lead to any change firm performance, mainly because underrepresentation of women on boards region compared their male counterparts. As a result, ability improve firms’ reputation relationships stakeholders as well capability better monitor bring new ideas by female members are then unavailable enhance performance. The paper also analyses moderating effect independence These study’s findings may be used providing roadmap researchers investorss can use understanding BGD.

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ژورنال

عنوان ژورنال: Journal of sustainable finance & investment

سال: 2022

ISSN: ['2043-0809', '2043-0795']

DOI: https://doi.org/10.1080/20430795.2021.2017256