Whereas the majority of research on board diversity explores the direct relationship between racial and gender diversity and firm performance, this paper investigates mediators that explain how board diversity is related to firm performance. Grounded in signalling theory and the behavioural theory of the firm, we suggest that this relationship operates through two mediators: firm reputation and...

Many companies have been and are implementing diversification to take advantage of capital, reduce risks, increase revenue for enterprises. At the same time, government support is considered positive implications companies. This study was conducted assess impact on firm performance small medium enterprises (SMEs) in Vietnam. Data collected 1,342 SMEs Vietnam from 2011 2015. The analysis results...