Corporate Governance, Board Gender Diversity And Corporate Performance: A Critical Review Of Literature

Abstract

This paper aims to critically review the existing literature on the relationship between the Corporate Governance aspect of board gender diversity, and its influence on corporate performance. This review specifically evaluates theoretical and empirical literature related to board gender diversity and corporate performance with an aim of establishing areas of gaps for further research. In particular the paper identifies some of the important theoretical, operational, measurement, contextual and methodological drawbacks in previous researches and literature that restrict generalization of results to particular contexts, sectors and larger populations. Additionally, several research avenues are proposed for in- depth understanding of the relationship between board gender diversity and corporate performance. Finally, the implication of the study on policy, theory and practice are discussed.