University of Twente Student Theses
Diversity matters : Gender parity in top management teams and its effect on firm performance
Hesselink, F.W. (2019) Diversity matters : Gender parity in top management teams and its effect on firm performance.
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Abstract: | This master thesis investigates and explores the relationship between gender diversity in top management teams and the financial performance of companies. Ordinary least squares regressions are utilized as the statistical method. The total sample consists 1,616 companies from 15 different European countries. The year of interest is 2018. As for the first hypothesis, the results indicate partial support for a significant relationship between financial performance and gender diversity in top management teams. The dependent variable ROA, turns significant at the 0.01% level when utilizing a dummy variable for gender diversity in top management teams. The second hypothesis, innovative companies stand to benefit more from gender diversity in top management teams than non-innovative companies, receives no support. The opposite actually seems to be true, the regression coefficients only become significant when performing regressions with ROA and gender diversity in top management team in a non-innovative sub sample. |
Item Type: | Essay (Master) |
Faculty: | BMS: Behavioural, Management and Social Sciences |
Subject: | 85 business administration, organizational science |
Programme: | Business Administration MSc (60644) |
Link to this item: | https://purl.utwente.nl/essays/80093 |
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