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Gender Diversity: An Issue of Concern

Gender Diversity: An Issue of Concern
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Author(s): Qaiser Rafique Yasser (Preston University, Islamabad, Pakistan) and Abdullah Al-Mamun (University of Wollongong, Australia)
Copyright: 2021
Pages: 25
Source title: Transforming Corporate Governance and Developing Models for Board Effectiveness
Source Author(s)/Editor(s): Qaiser Rafique Yasser (Centre for Rural Economy, Pakistan) and Abdullah Al-Mamun (University of Wollongong, Australia)
DOI: 10.4018/978-1-7998-6669-5.ch007


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Gender diversity is a new and challenging issue of research in business. Women on boards are a heavily discussed topic in developed countries, though this issue has recently appeared to gain the attention of researchers in developing economies as well. However, research on gender diversity in Malaysia is limited. This study aims to examine whether female directors on boards can affect firm performance based on selected public listed companies in Malaysia. In examining the effect of gender diversity on firm performance, Pearson correlation coefficient and regression analysis tests are employed using economic value added (EVA) as a measurement tool. This study found no relationship between gender diversity and firm performance. Given this, future studies should try to consider other aspects of corporate governance.

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