Ethnic and gender diversity in top level management and firm performance: Shareholder's perspectives

This study examines the relationship between demographic diversity in top management levels with a firms' financial performance using 84 non-financial companies in Malaysia. Demographic diversity consists of ethnic diversity and gender diversity. The top management level includes both the top m...

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Main Authors: Hassan, R., Marimuth, M., Tariq, E., Aqeel, R.
Format: Article
Institution: Universiti Teknologi Petronas
Record Id / ISBN-0: utp-eprints.19753 /
Published: Bridgewater State College 2017
Online Access: https://www.scopus.com/inward/record.uri?eid=2-s2.0-85028729672&partnerID=40&md5=9cab4e418064827b44f510522b30059b
http://eprints.utp.edu.my/19753/
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spelling utp-eprints.197532018-04-20T07:37:17Z Ethnic and gender diversity in top level management and firm performance: Shareholder's perspectives Hassan, R. Marimuth, M. Tariq, E. Aqeel, R. This study examines the relationship between demographic diversity in top management levels with a firms' financial performance using 84 non-financial companies in Malaysia. Demographic diversity consists of ethnic diversity and gender diversity. The top management level includes both the top management team and the board of directors. This study uses data from 2008 to 2012. Return on assets measures the financial performance. Ethnic and gender diversity measured by the number of Non-Malays and the number of females in top management respectively. This study incorporates descriptive statistics, correlation testing, and regression analysis. The results show that ethnic diversity in the top management team as well as in a board of directors has no impact on firm performance (ROE). However, the results of gender diversity have a positive impact on performance (ROE) in both perspectives (TMTs and BODs). © 2017 Journal of International Women's Studies. Bridgewater State College 2017 Article PeerReviewed https://www.scopus.com/inward/record.uri?eid=2-s2.0-85028729672&partnerID=40&md5=9cab4e418064827b44f510522b30059b Hassan, R. and Marimuth, M. and Tariq, E. and Aqeel, R. (2017) Ethnic and gender diversity in top level management and firm performance: Shareholder's perspectives. Journal of International Women's Studies, 18 (4). pp. 1-12. http://eprints.utp.edu.my/19753/
institution Universiti Teknologi Petronas
collection UTP Institutional Repository
description This study examines the relationship between demographic diversity in top management levels with a firms' financial performance using 84 non-financial companies in Malaysia. Demographic diversity consists of ethnic diversity and gender diversity. The top management level includes both the top management team and the board of directors. This study uses data from 2008 to 2012. Return on assets measures the financial performance. Ethnic and gender diversity measured by the number of Non-Malays and the number of females in top management respectively. This study incorporates descriptive statistics, correlation testing, and regression analysis. The results show that ethnic diversity in the top management team as well as in a board of directors has no impact on firm performance (ROE). However, the results of gender diversity have a positive impact on performance (ROE) in both perspectives (TMTs and BODs). © 2017 Journal of International Women's Studies.
format Article
author Hassan, R.
Marimuth, M.
Tariq, E.
Aqeel, R.
spellingShingle Hassan, R.
Marimuth, M.
Tariq, E.
Aqeel, R.
Ethnic and gender diversity in top level management and firm performance: Shareholder's perspectives
author_sort Hassan, R.
title Ethnic and gender diversity in top level management and firm performance: Shareholder's perspectives
title_short Ethnic and gender diversity in top level management and firm performance: Shareholder's perspectives
title_full Ethnic and gender diversity in top level management and firm performance: Shareholder's perspectives
title_fullStr Ethnic and gender diversity in top level management and firm performance: Shareholder's perspectives
title_full_unstemmed Ethnic and gender diversity in top level management and firm performance: Shareholder's perspectives
title_sort ethnic and gender diversity in top level management and firm performance: shareholder's perspectives
publisher Bridgewater State College
publishDate 2017
url https://www.scopus.com/inward/record.uri?eid=2-s2.0-85028729672&partnerID=40&md5=9cab4e418064827b44f510522b30059b
http://eprints.utp.edu.my/19753/
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score 11.62408