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Women on boards and firm performance

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  • Mijntje Lückerath-Rovers

Abstract

This study investigates the financial performance of Dutch companies both with and without women on their boards. The analysis extends earlier methods used in research by Catalyst (The bottom line: corporate performance and women’s representation on boards, 2007 ) and McKinsey (Women matter. Gender diversity, a corporate performance driver. McKinsey & Company, USA, 2007 ), two studies that are often cited in the literature, although, each has a number of methodological shortcomings. This article adds to the international debate, which is often normative, through examining 99 listed companies in the Dutch Female Board Index. Our results show that firms with women directors perform better than those without women on their boards. Copyright The Author(s) 2013

Suggested Citation

  • Mijntje Lückerath-Rovers, 2013. "Women on boards and firm performance," Journal of Management & Governance, Springer;Accademia Italiana di Economia Aziendale (AIDEA), vol. 17(2), pages 491-509, May.
    • Handle: RePEc:kap:jmgtgv:v:17:y:2013:i:2:p:491-509
    DOI: 10.1007/s10997-011-9186-1
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    References listed on IDEAS

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    Cited by:

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    5. Alice Klettner & Thomas Clarke & Martijn Boersma, 2016. "Strategic and Regulatory Approaches to Increasing Women in Leadership: Multilevel Targets and Mandatory Quotas as Levers for Cultural Change," Journal of Business Ethics, Springer, vol. 133(3), pages 395-419, February.
    6. Collins Ntim, 2015. "Board diversity and organizational valuation: unravelling the effects of ethnicity and gender," Journal of Management & Governance, Springer;Accademia Italiana di Economia Aziendale (AIDEA), vol. 19(1), pages 167-195, February.
    7. Dayana Mastura Baharudin & Maran Marimuthu & Haslindar Ibrahim & Amin Jan & Yusuf Babatunde Adeneye & Hana Halini Hamzah & Mohd Ikhwan Izzat Zulkefli & Normardhiah Ibrahim, 2022. "Integrated Business Model – Technology (IBM-T) practices: Bursa Malaysia Sector-Based Trends," Business Management and Strategy, Macrothink Institute, vol. 13(2), pages 154-173, December.
    8. Mete KARAYEL & Mesut DOGAN, 2016. "Board Composition and Firm Performance: Evidence from BIST 100 Companies in Turkey," Economics and Applied Informatics, "Dunarea de Jos" University of Galati, Faculty of Economics and Business Administration, issue 2, pages 33-40.

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