The aim of this study is to analyse the impact of gender diversity on the financial performance of Italian listed companies. A cross-sectional regressionused about the data of the year 2016 of Italian listed firms. The study is a mix of descriptive and explanatory research. The model is a scoring model,composed by two variables: Board of Directors (BoD), and Top Management (TM). We investigate the impact of these variables on the Return onEquity, the Price book value, and the EBITDA. The study shows a positive relationship between financial performance and the composition of theBoD and the operational performance and the composition of the Top management. The cross sectional regression highlights also the non-relation onthe Return on Equity. Anyway these contrasting results confirm the properness of the model for this kind of research.
Women Do it Better: An Empirical Investigation on Gender Diversity and the Financial Performance of Italian Listed Companies
Rossi M
;Capasso A
2017-01-01
Abstract
The aim of this study is to analyse the impact of gender diversity on the financial performance of Italian listed companies. A cross-sectional regressionused about the data of the year 2016 of Italian listed firms. The study is a mix of descriptive and explanatory research. The model is a scoring model,composed by two variables: Board of Directors (BoD), and Top Management (TM). We investigate the impact of these variables on the Return onEquity, the Price book value, and the EBITDA. The study shows a positive relationship between financial performance and the composition of theBoD and the operational performance and the composition of the Top management. The cross sectional regression highlights also the non-relation onthe Return on Equity. Anyway these contrasting results confirm the properness of the model for this kind of research.I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.
