The moderating impact of board gender diversity on the relationship between selected board attributes and financial performance in listed manufacturing companies in Sri Lanka

Abstract

The main objective of this paper is to identify the moderating impact of the board gender diversity on the relationship between selected key board attributes and financial performance listed companies in the manufacturing sector companies in Sri Lanka. The sample of this study consists of 31 listed companies for the period 2012 to 2016 and secondary data was secured from their respective annual reports. The panel regression results indicate that board diversity has a significant moderating impact on the relationship between the board gender diversity on the relationship between selected key board attributes and financial performance. This key finding is expected to have significant policy implications.