Book Description

The research attempts to examine the presence of women in the boardroom and their impact on governance and financial performance focusing on several factors such as governance theories, board of director size and role, gender diversity, women and men behavior in accordance with the return on equity, assets, and sales ratios to measure the fluctuation of the financial performance against the factors above. How the presence of women in the boardroom can affect the financial performance and governance? In order to answer to this question, two questionnaires for a total of 16 questions were used to the collection of data and information, it was then distributed to 62 shareholders, directors and managers from ten firms that constitute a small image of the Lebanese economic sector. An analysis using a specified rating scale was conducted over the results of the questionnaires. Variables such as Return on Equity, Return on Asset, Return on Sale, gender diversity, women versus men behavior and board size were subject to examination. The results acquired by this study expose the fact that gender diversity on board and the presence of women are directly related to the company's financial performance. Furthermore the board size, the role and behavior of women in the firm enhance company's activity. Applying corporate governance procedures is more reliable when women are on board which reflects the commitment of women on delivering good corporate governance. On the other hand the financial performance has directly been affected due to several factors related to the presence of women in managerial positions.