The Influence Of Board Diversity On Company Performance Of South African Companies

Gender, ethnicity and stock liquidity: evidence from South Africa

“…It is argued that the composition of corporate boards may affect the way the boards perform their functions (Carter et al , 2010). The existing literature suggests that diversity of the board of directors and its committees are considered as one of the most effective ways to enhance corporate governance (Carter et al , 2010; Cheong and Sinnakkannu, 2014; Scholtz and Kieviet, 2018). In the aftermath of the global financial crisis of 2008, there is an increase in calls for diversity on corporate boards because it is claimed that the lack of board diversity may be partly to blame for the crisis (Anderson et al , 2011; Beattie et al , 2012; Guest, 2019).…”

Board of Directors and Firm performance: the moderating effect of women directors

“…BOD diversity, a subset of board composition is a key factor of firm performance (Green & Homroy, 2018;Jubilee et al, 2018;Low et al, 2015;Scholtz & Kieviet, 2018;Solakoglu & Demir, 2016). Hitherto, the effect of women directors against firm performance has been investigating thoroughly (Hewa Wellalage, 2013) with different results (Post & Byron, 2015).…”

“…Hitherto, the effect of women directors against firm performance has been investigating thoroughly (Hewa Wellalage, 2013) with different results (Post & Byron, 2015). Most of them proved gender diversity was significant positively associated with firm performance (Green & Homroy, 2018;Jubilee et al, 2018;Scholtz & Kieviet, 2018;Low et al, 2015;Perryman, Fernando, & Tripathy, 2016;Solakoglu & Demir, 2016;Post & Byron, 2015) along with other findings suggested either small (Konrad, Kramer, & Erkut, 2008), insignificant ( Shukeri, Shin, & Shaari, 2012;Carter, D'Souza, Simkins, & Simpson, 2010), none (Pletzer, Nikolovo, Kedzior, & Voelpel, 2015), mixed (Abdullah, Ismail, & Nachum, 2016) and even negative ( Ahern & Dittmar, 2012;Adams & Ferreira, 2009) relationship between women directors and firms performance.…”

Women Directors and Cost of Debt

“…Majority of the evidences showed gender diversity was significant positively associated with firm 's performance (Adams & Ferreira, 2009;Campbell & Vera, 2010;Francoeur, Labelle, & Sinclair-Desgagné, 2008;Green & Homroy, 2018;Low et al, 2015;Murray, 1989;Post & Byron, 2015;Singh, Terjesen, & Vinnicombe, 2008;N. Smith, Smith, & Verner, 2006;Solakoglu & Demir, 2016) and value (Campbell & Mínguez-Vera, 2008;Carter et al, 2003;Erhardt, Werbel, & Shrader, 2003;Jubilee et al, 2018;Perryman, Fernando, & Tripathy, 2016;Scholtz & Kieviet, 2018) while some evidences showed that there were either small (Konrad, Kramer, & Erkut, 2008), insignificant (Carter et al, 2010;Shukeri, Shin, & Shaari, 2012), none (Pletzer, Nikolova, Kedzior, & Voelpel, 2015) mixed results (Shamsul N. Abdullah, Ismail, & Nachum, 2016) or even negative (Adams & Ferreira, 2009;Ahern & Dittmar, 2012) relationship between women directors and firms' performance.…”