Gender diversity and firm performance: evidence from technology and industrial companies

Due to women’s rights movement and a growing number of women in the workplace, the relationships between gender diversity and firm performance become topical issues. To investigate the relationship, I examined data from 79 companies in the technology industry and industrial industry between 2016 and...

Full description

Bibliographic Details
Main Author: Zhang, Xinran
Format: Dissertation (University of Nottingham only)
Language:English
Published: 2022
Online Access:https://eprints.nottingham.ac.uk/70347/
_version_ 1848800615984005120
author Zhang, Xinran
author_facet Zhang, Xinran
author_sort Zhang, Xinran
building Nottingham Research Data Repository
collection Online Access
description Due to women’s rights movement and a growing number of women in the workplace, the relationships between gender diversity and firm performance become topical issues. To investigate the relationship, I examined data from 79 companies in the technology industry and industrial industry between 2016 and 2020. This research uses the quantitative method and ordinary least square regression and two-step GMM regression are used to test the sample. The results suggest that board gender diversity is significant and positive related to Tobin’s Q but has no link with ROE. It is also discovered that the workforce gender diversity has no link with ROE and is negatively correlated with firm Tobin's Q. In addition, the results reveal that the impacts of gender diversity vary on industries. These results could support the agency theory, critical mass theory, resource dependency theory, and social identity theory. In addition, this could provide implications for human resource management and board composition. Different from previous studies, this paper emphasizes the importance of the number of women employees and the different impacts on the technology industry and industrial industry. However, future studies could further investigate the impact of women in the workforce and consider more factors such as qualitative factors and contextual differences.
first_indexed 2025-11-14T20:54:23Z
format Dissertation (University of Nottingham only)
id nottingham-70347
institution University of Nottingham Malaysia Campus
institution_category Local University
language English
last_indexed 2025-11-14T20:54:23Z
publishDate 2022
recordtype eprints
repository_type Digital Repository
spelling nottingham-703472023-07-05T14:45:55Z https://eprints.nottingham.ac.uk/70347/ Gender diversity and firm performance: evidence from technology and industrial companies Zhang, Xinran Due to women’s rights movement and a growing number of women in the workplace, the relationships between gender diversity and firm performance become topical issues. To investigate the relationship, I examined data from 79 companies in the technology industry and industrial industry between 2016 and 2020. This research uses the quantitative method and ordinary least square regression and two-step GMM regression are used to test the sample. The results suggest that board gender diversity is significant and positive related to Tobin’s Q but has no link with ROE. It is also discovered that the workforce gender diversity has no link with ROE and is negatively correlated with firm Tobin's Q. In addition, the results reveal that the impacts of gender diversity vary on industries. These results could support the agency theory, critical mass theory, resource dependency theory, and social identity theory. In addition, this could provide implications for human resource management and board composition. Different from previous studies, this paper emphasizes the importance of the number of women employees and the different impacts on the technology industry and industrial industry. However, future studies could further investigate the impact of women in the workforce and consider more factors such as qualitative factors and contextual differences. 2022-09-07 Dissertation (University of Nottingham only) NonPeerReviewed application/pdf en https://eprints.nottingham.ac.uk/70347/1/20400457_BUSI4153_2021_22.pdf Zhang, Xinran (2022) Gender diversity and firm performance: evidence from technology and industrial companies. [Dissertation (University of Nottingham only)]
spellingShingle Zhang, Xinran
Gender diversity and firm performance: evidence from technology and industrial companies
title Gender diversity and firm performance: evidence from technology and industrial companies
title_full Gender diversity and firm performance: evidence from technology and industrial companies
title_fullStr Gender diversity and firm performance: evidence from technology and industrial companies
title_full_unstemmed Gender diversity and firm performance: evidence from technology and industrial companies
title_short Gender diversity and firm performance: evidence from technology and industrial companies
title_sort gender diversity and firm performance: evidence from technology and industrial companies
url https://eprints.nottingham.ac.uk/70347/