Women on Board and its Impact on Performance of NIFTY50 Firms

Autor:	G. Bharathi Kamath
Rok vydání:	2022
Předmět:	Geography Planning and Development Management Monitoring Policy and Law
Zdroj:	SDMIMD Journal of Management. :63-74
ISSN:	2320-7906 0976-0652
Popis:	This research paper examines the relationship between women representation on Board of Directors and the financial performance of the NSE-NIFTY50 listed firms. The return on assets and assets turnover ratio is used as measure of firm’s performance; using panel regression for a period of 2014-15 to 2018-19, the impact of specific board characteristics including diversity index is assessed. It is observed that the productivity of these firms is clearly affected by the gender diversity. The profitability ratio is not seeing any significant impact. Though there is an overall increasing trend in the representation of women on board in sample firms, just a small proportion of women may not serve the true purpose in affecting the strategic decision making. Therefore, it is suggested that the representation should be more than the mandated number, to see its true impact on firm performance in the long run.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::5832670189b0e6159cb7925e599b720c https://doi.org/10.18311/sdmimd/2022/30512 Zobrazit plný text záznamu