Board Gender Diversity and Financial Performance of Nigerian Firms
Student: ANASTASIA ODIDIKA (Project, 2025)
Department of Accountancy
Auchi Polytechnic, Auchi, Edo State
Abstract
This study examines board gender diversity and financial performance of
Nigerian firms. Descriptive research design was adopted. One hundred and
seventy five (175) manufacturing firm listed on the Nigerian Exchange Group
were selected as the population figure. The study covered five (5) manufacturing
firm for the period 2019-2023 using the simple random sampling technique.
Data were drawn from the published financial statements of the sampled firms
and analyzed using Ordinary Least Square (OLS) regression. The results of the
study revealed that board size and board independence has a significant impact
on firm financial performance while board gender diversity was found to have
no impact. The study concluded that there is a need for an improved level of
diversity of the board of directors of quoted firms in Nigeria that can improve
the decision-making process needed for sustainable financial performance. The
study recommended among others that Nigerian firms should always ensure that
their board is composed of skillful, intelligent, experience, competent and
dedicated persons, with high level of integrity that can match words with action
to improve their financial performance.
Keywords
For the full publication, please contact the author directly at: anastasiaodidika3@gmail.com
Filters
Institutions
- Covenant Polytechnic, Aba, Abia State 1
- Covenant University, Canaan Land, Ota, Ogun State 4
- Crawford University of Apostolic Faith Mission Faith City, Igbesa, Ogun State 2
- Crescent University, Abeokuta, Ogun State 1
- Cross Rivers University of Technology, Calabar, Cross Rivers State 142
- Delta State Polytechnic, Ogwashi-Uku, Delta State 11
- Delta State Polytechnic, Otefe, Delta State 12
- Delta State University, Abraka, Delta State 138
- Ebonyi State University, Abakaliki, Ebonyi State 17
- Edo University, Iyamho, Edo State 10