Women Towards Firm’s Positive Vibration: Examine Role Of Women On Board Towards Firm’s Performance


Mohamed, Zuraina Sal Salbila and Jaapar, Hanisah and Khalid, Akhma Adlin (2019) Women Towards Firm’s Positive Vibration: Examine Role Of Women On Board Towards Firm’s Performance. JOURNAL PUBLICATION - NOTIFICATION OF PAPER ACCEPTANCE – K20-21, 20. ISSN 2289-1552

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The interest on gender diversification on the firm’s board of directors raises several questions about women’s capability to hold these top positions on the board rooms. Gender diversity policy was approved by Malaysian Cabinet on 2011, mandated that corporate companies which listed under Bursa Malaysia must have at least 30 % of women’s representation on the board by 2016. This study foresees that the policy introduced would spark some short term implications after year 2016. Therefore, the objective of this study is to examine the influence of having women on board towards firm’s performance within three years starting from 2016 to 2018. This study provides empirical explanation whether women’s representation on board significantly influence firm’s performance or not. The sample of this study is 80 firms for three consecutive years from 2016 to 2018, arriving at 240 firms-years observations. Regression analysis is used to explore the relationship between women on board and firm’s performance which is proxied by Return on Assets (ROA). The finding of this study revealed that there is a significant and positive relationship between women on board and firm’s performance. Further, the finding justifies that public listed companies in Malaysia are getting used with the policy and accept the fact that there is a positive progress on gender equality policy in Malaysia. This scenario also evidences that women have inserted positive vibes in improving firm’s performance within the three years’ period of study.

Item Type: Article
Uncontrolled Keywords: Gender diversity, women on board of directors, firms’ performance.
Subjects: H Social Sciences > HD Industries. Land use. Labor > HD4801-8943 Labor. Work. Working class > HD6050-6305 Classes of labor Including women, children, students, middle-aged and older persons, minorities
Divisions: Faculty of Business (FOB)
Depositing User: Ms Suzilawati Abu Samah
Date Deposited: 10 Mar 2022 02:02
Last Modified: 10 Mar 2022 02:02
URII: http://shdl.mmu.edu.my/id/eprint/9303


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