Do Female Directors Add Value?
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ID: 29669
2017
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Abstract
This study investigates whether female directors have a significant effect on financial
performance of publicly listed companies in the Vietnamese market. Using a dynamic random-effects
model to explore a panel dataset comprising 480 firm-year observations, we report that the companies
with female directors in their boardrooms perform better than those without. Our finding thus
supports the proposition that boardroom gender diversity appears to be an important internal
corporate governance strategy which helps to improve firm performance. As Vietnam and many other
East Asian countries are now implementing compulsory policies or calling for voluntary attempts to
increase board gender diversity, our paper is especially timely and provides useful insight for policy
formulation.
| Reference Key |
nguyen2017doacta
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|---|---|
| Authors | Nguyen, Tuan; |
| Journal | acta universitatis danubius: oeconomica |
| Year | 2017 |
| DOI |
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| URL | |
| Keywords | Keywords not found |
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