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283912

The moderating impact of board gender diversity on the relationship between ownership structure and firm performance AN IMPIRICAL STUDY

Article

Last updated: 04 Jan 2025

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Abstract

This research aims to explore the impact of board gender diversity on the relationship between ownership structure and firm performance. The research employs sample of 26 non- financial firms listed on the S&P EGX 30 ESG index for the period of 2016-2021. The study utilized accounting-based measures (ROA & ROE) and market-based measure (EPS) to evaluate the firms' performance, ownership identity (family, foreign, institutional, managerial) to evaluate the firm's ownership structure as well as leverage, board independence, firm size, board meetings, and board size as control variables. The research findings indicated that ownership structure have significant positive impact on the firm performance (using both accounting based and market-based measures). Moreover, board gender diversity moderates the relationship between ownership structure and firm performance. The study findings have an important implication for regulators they are advised to establish policies aimed at empowering women in firms board of directors and guidelines that steer the ownership and board structure in the ideal manner to enhance firm performance.

DOI

10.21608/caf.2023.283912

Keywords

Board Gender Diversity, Ownership structure, Family ownership, foreign ownership, institutional ownership, managerial ownership, firm performance

Authors

First Name

Soha Hisham Mokhtar Morsy

Last Name

Hammouda

MiddleName

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Affiliation

Future University in Egypt

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Orcid

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First Name

Sami Hassan

Last Name

Ali

MiddleName

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Affiliation

Ain Shams University

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First Name

Tarek Abbas

Last Name

El-kalla

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Affiliation

Arab Academy for Science

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Volume

43

Article Issue

1

Related Issue

41098

Issue Date

2023-03-01

Receive Date

2022-08-02

Publish Date

2023-03-01

Page Start

1

Page End

31

Print ISSN

1110-4716

Online ISSN

2682-4825

Link

https://caf.journals.ekb.eg/article_283912.html

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https://caf.journals.ekb.eg/service?article_code=283912

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12

Publication Type

Journal

Publication Title

التجارة والتمويل

Publication Link

https://caf.journals.ekb.eg/

MainTitle

The moderating impact of board gender diversity on the relationship between ownership structure and firm performance AN IMPIRICAL STUDY

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Article

Created At

25 Dec 2024