The relationship between gender diversity and Firm’s financial performance
Data: All Current NZX listed companies’ FY2016 annual reports
Research Question:
What is the relationship between gender diversity and financial performance in NZ Listed Companies?
Hypothesis
There is a positive relationship between the gender diversity and Financial performance in NZ Listed Companies.
Method:
Multivariate regression method
Dependent Variable: Return on Assets
Independent Variable: PWOMEN (women directors divided by total number of directors)
Control Variables:
Board size: Total number of directors
Firm size: Total assets of the firm
Leverage: Total Debt/Total Equity
Ω：error term
ROA=α+βPWOMEN+ βDWOMEN +βBSIZE+βFSIZE+βLEV+Ω
(Explain what the topic is about; Historical development or Current Trend as well; Why the topic is important and what gaps it can answer; Motivations of doing this topic; Plan for the rest of report)
(Please first cover the Agency theory as theory basis)
(Introduce the source of data, Method of collection, Reconciliation and rationale)
(40% Findings 60% Discussions, answer the research question and provide future research suggestion)
