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Leveraging Women on Boards in Asia: Insights From Thailand

Leveraging Women on Boards in Asia: Insights From Thailand
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Author(s): Narupon Duangwises (University of Kent, UK)
Copyright: 2021
Pages: 15
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.ch012

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Abstract

Diverse boards have been seen as providing impetus for initiating change. This study focuses on the relationship between female representation on boards of directors and its effect on firm performance, based on evidence from the Thailand. The authors use empirical data on SET 100 Index firms observed in 2015 to 2019. The result indicate that at least one female director in the board is associated with the firm financial performance, while the female CEO/Chairman or higher percentage of females in board having no firm performance association.

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