Board gender diversity and firm performance: Evidence from China

Abstract

This research examines the relationship between board gender diversity and firm performance of Chinese public listed companies and the necessarily of adding female to the board. I constructed the OLS regression model following Carter et al. (2003), including four indicators as dependent variables and independent, control variables. Using 3079 list companies in China, I find that the positive association between gender diversity and Tobin’s Q, ROA, ROE, ROIC, there of these relationships are significantly. These results demonstrate that gender diversified boards are a wise choice for companies.