Effect of Board Diversity on Firm Performance: Evidence from Malaysian non-Financial Listed Companies

Main Article Content

Abderahmane Djerfi
Mounir Louadj

Abstract

The purpose of this paper is to investigate the impact of board diversity on firms' performance for non-financial companies.


The paper statistically calculates the relationship between board diversity and performance for the period 2017-2020 using the perspectives of different theories and data collected on board composition in the 100 largest non-financial companies listed on Bursa Malaysia.


      The results showed that gender diversity was significantly and positively associated with Tobins'Q and ROA. BD_QUAL also had a strong negative correlation with Tobins'Q and ROA. The results also showed that AGE_CEO was significantly and positively associated with Tobins'Q and was not significantly associated with ROA.


 

Article Details

How to Cite
Djerfi , A., & Louadj , M. (2023). Effect of Board Diversity on Firm Performance: Evidence from Malaysian non-Financial Listed Companies. Finance and Business Economies Review, 7(2), 4–22. https://doi.org/10.58205/fber.v7i2.1722
Section
Articles
Author Biographies

Abderahmane Djerfi , ISCAE, Manouba University

 

 

 

Mounir Louadj , University Mohammed Seddik Benyahia (Algeria), 

 

 

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