The influence of board gender diversity on financial performance of listed companies in Nigeria / Armaya’u Alhaji Sani … [et al.]

Alhaji Sani, Armaya’u and Abubakar, Ibrahim Adamu and Aliyuc, Umar and Sule, Safiyanu (2019) The influence of board gender diversity on financial performance of listed companies in Nigeria / Armaya’u Alhaji Sani … [et al.]. Management & Accounting Review (MAR), 18 (3): 3. pp. 51-68. ISSN 2550-1895

Official URL: https://mar.uitm.edu.my/

Abstract

This study examined the impact of board gender diversity on the financial performance of listed companies in Nigeria. Using a sample of 400 firmyear observations for the period of 2012-2016. The data for the study were extracted from the annual reports of the sampled firms and the Thompson Reuters DataStream. The data was analysed by means of the Panel Corrected Standard Error (PCSE). The study found that gender diversity (female directors) influenced the financial performance of companies listed on the Nigerian Stock Exchange. The findings supported the argument that gender diversity enhances the financial outcomes of firms. Consistent with the Resource Dependency Theory, the result implied that female directors contribute to the upper echelon of the firm’s decision. The findings inform regulators and other stakeholders on the roles of female directors in explaining the corporate financial outcomes.

Metadata

Item Type: Article
Creators:
Creators
Email / ID Num.
Alhaji Sani, Armaya’u
UNSPECIFIED
Abubakar, Ibrahim Adamu
UNSPECIFIED
Aliyuc, Umar
UNSPECIFIED
Sule, Safiyanu
UNSPECIFIED
Subjects: H Social Sciences > HG Finance > Financial management. Business finance. Corporation finance
H Social Sciences > HG Finance > Balance sheets. Financial statements. Including corporation reports. Financial reporting. Financial disclosure
Divisions: Universiti Teknologi MARA, Shah Alam > Accounting Research Institute (ARI)
Journal or Publication Title: Management & Accounting Review (MAR)
UiTM Journal Collections: UiTM Journal > Management & Accounting Review (MAR)
ISSN: 2550-1895
Volume: 18
Number: 3
Page Range: pp. 51-68
Keywords: Firm performance, Female directors, Big 4 Auditors
Date: December 2019
URI: https://ir.uitm.edu.my/id/eprint/30989
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30989

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