This study aims to investigate the effect of boardroom diversity on Chinese listed firms’
operating performance. Incorporating gender, age, tenure, and professional background of board member’s
attributes into a composite diversity index, the results show that boardroom diversity positively
affects operating performance. However, when taking strategic change into consideration, the results
indicate that the firms with larger strategic change tend to have a negative correlation between boardroom
diversity and operating performance, whereas the correlation is positive if firms with smaller
strategic. This study expects to fill the literature gap by extending the understanding of boardroomdiversity-
performance relationship in the emerging context.
Relation:
Emerging Markets Finance and Trade 55(11), p.48-72