Publicação
Impact of board gender diversity on social and environmental performance of firms: Evidence from Sub-Sahara Africa
| Resumo: | In the 21st century board gender diversity is expected. However few women are appointed to board positions in Africa. There has been a scanty study on board gender diversity and firm performances as well as the study of women on boards impact on Corporate Social Responsibility. This dissertation analyses the impact of board gender diversity on the social and environmental performance of companies on the Ghana Stock Exchange. Secondary data was obtained from the annual reports of 25 companies over the years 2012 to 2016. Data were analyzed quantitatively with Return on Equity (ROE) as a measure of financial performance and Corporate Social Responsibility disclosure (CSRD) as the dependent variables, with Board gender diversity (WOB), Board Independence (IND. BOD) and Board Size (BS) as the independent variables. The two hypotheses tested revealed that board gender diversity (Women on Board) is positively related to CSR disclosure. The findings imply that, with an increase in WOB by one person, while other variables remained constant there will be an increase in the firms’ CSR performance disclosure. This implies that, as more women serve on the board, it will increase CSR performance disclosure of listed Ghanaian Companies. Whereas no significant relationship was found between board gender diversity (women on Board) and firm financial performance. However, there were some limitations such as the use of data from only listed firms from the Ghana Stock Exchange. This study can be inproved with data from listed and non-listed firms. |
|---|---|
| Autores principais: | Agyei-Mensah, Juliana B. |
| Assunto: | Board gender diversity Responsabilidade social das empresas -- Corporate social responsibility Financial performance Ghana Diversidade de género em conselhos de gestão Desempenho financeiro Gana |
| Ano: | 2021 |
| País: | Portugal |
| Tipo de documento: | dissertação de mestrado |
| Tipo de acesso: | acesso aberto |
| Instituição associada: | ISCTE |
| Idioma: | inglês |
| Origem: | Repositório ISCTE |
| Resumo: | In the 21st century board gender diversity is expected. However few women are appointed to board positions in Africa. There has been a scanty study on board gender diversity and firm performances as well as the study of women on boards impact on Corporate Social Responsibility. This dissertation analyses the impact of board gender diversity on the social and environmental performance of companies on the Ghana Stock Exchange. Secondary data was obtained from the annual reports of 25 companies over the years 2012 to 2016. Data were analyzed quantitatively with Return on Equity (ROE) as a measure of financial performance and Corporate Social Responsibility disclosure (CSRD) as the dependent variables, with Board gender diversity (WOB), Board Independence (IND. BOD) and Board Size (BS) as the independent variables. The two hypotheses tested revealed that board gender diversity (Women on Board) is positively related to CSR disclosure. The findings imply that, with an increase in WOB by one person, while other variables remained constant there will be an increase in the firms’ CSR performance disclosure. This implies that, as more women serve on the board, it will increase CSR performance disclosure of listed Ghanaian Companies. Whereas no significant relationship was found between board gender diversity (women on Board) and firm financial performance. However, there were some limitations such as the use of data from only listed firms from the Ghana Stock Exchange. This study can be inproved with data from listed and non-listed firms. |
|---|