“…A growing body of empirical literature has shown that having greater number of women in top positions of publicly quoted corporations produces influence that is good for corporations' bottom-line (see Chijioke-Mgbame et al, 2020;Dwalikat et al, 2021;Gao, 2020;Garba & Abubakar, 2014;Hamilton, 2021;Khan et al, 2021;Lee, 2016;Mohamed et al, 2019;Oba & Fodio, 2013;Owolabi et al, 2021;Onyekwere & Babangida, 2022;Rossi et al, 2017;Shukla et al, 2021;Triana & Asri, 2017;Tu, 2017). However, in some others empirical investigations, women directors are not good for corporation bottom-line (Adnan et al, 2013;Aladejebi, 2021;Mirza et al, 2012).…”