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Impact Of Board And Top Management Gender Diversity On Company Performance

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  • Tomáš Michalička
  • Drahoslav Lančarič

Abstract

The paper is focused on the impact of Board of Directors and Top Management Team gender diversity on the company performance. Variables related to Board and Top Management gender diversity and various company characteristics were used to evaluate their impact on the company performance measured as company yearly revenue per employee for fiscal year 2020. Used data set consists of data for 722 multinational enterprises from 39 countries all around the globe. The results of lineal regression confirmed that the company performance is influenced by Board and Top Management gender diversity, and by company ownership and the size of the company.

Suggested Citation

  • Tomáš Michalička & Drahoslav Lančarič, 2022. "Impact Of Board And Top Management Gender Diversity On Company Performance," Economy & Business Journal, International Scientific Publications, Bulgaria, vol. 16(1), pages 435-442.
    • Handle: RePEc:isp:journl:v:16:y:2022:i:1:p:435-442
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    References listed on IDEAS

    as
    1. Bonn, Ingrid, 2004. "Board Structure and Firm Performance: Evidence from Australia," Journal of Management & Organization, Cambridge University Press, vol. 10(1), pages 14-24, January.
    2. Christoph M. Treichler, 1995. "Diversity of Board Members and Organizational Performance: An integrative perspective," Corporate Governance: An International Review, Wiley Blackwell, vol. 3(4), pages 189-200, October.
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    More about this item

    Keywords

    gender diversity; board of directors; top management team; company performance;
    All these keywords.

    JEL classification:

    • A - General Economics and Teaching

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