The Impact of Female Monitoring Effect and Executive Effect on Corporate Performance
Evidence from Listed Companies in China
- 10.2991/aebmr.k.210601.053How to use a DOI?
- gender diversity, corporate performance, female leadership, Chinese listed market
This paper examines the association between gender diversity and firm performance for Chinese listed companies. Gender diversity effect is divided into monitoring effect and executive effect. The former one refers to woman as an independent director, while the later one is identified as woman as a high-position manager in company. In a sample of Chinese companies that issued IPOs since 2016, this study shows that, on average, female independent directors have no significant impact on firm-performance. However, there is a strong correlation between the number of women executives and corporate return on equity. It could be taken to suggest that Chinese listed companies do benefit from increasing gender diversity in the senior management teams, which could complement their rather poor corporate governance practices.
- © 2021, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Weihui Hu PY - 2021 DA - 2021/06/02 TI - The Impact of Female Monitoring Effect and Executive Effect on Corporate Performance BT - Proceedings of the 2021 International Conference on Enterprise Management and Economic Development (ICEMED 2021) PB - Atlantis Press SP - 306 EP - 312 SN - 2352-5428 UR - https://doi.org/10.2991/aebmr.k.210601.053 DO - 10.2991/aebmr.k.210601.053 ID - Hu2021 ER -