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Financial Innovation

Table 4 Comparison among companies that have no women on board and those that have at least one woman on board

From: Does board gender diversity affect firm performance? Empirical evidence from Standard & Poor’s 500 Information Technology Sector

Number of women directors

Mean performance

ROA (%)

PER

0

7.74385

44.46645

1

8.737377

34.78452

2

9.839072

24.60696

3

9.207485

33.27893

4

12.00326

19.83047

5

8.258044

20.03975

7

4.226931

25.34961

  1. Source: Authors’ computations. Notes: For the definition of variables, please see Table 2
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