GENDER DIVERSITY IN SWEDISH BOARDROOMS - A study regarding gender diversity, firm performance and monitoring

Abstract

This thesis studies the relationship between gender diversity, corporate governance and firm performance. We study Swedish publically listed firms on the Stockholm stock exchange. After controlling for firm and board characteristics, we find that gender diversity has a negative effect on CEO turnover and no significant effect on firm market valuation, but a positive significant effect on firm performance. Overall, we contribute to a large body of literature examining the role of gender in corporate boards.