Women on corporate boards, stated-owned enterprises and firm performance:Evidence from Vietnam and quantile regressi

Key Points

• Firm performance improves with increased gender diversity on corporate boards, highlighting the importance of women's representation.
• Quantile regression analysis indicates that the impact of women on boards varies across different performance levels of firms in Vietnam.
• State-owned enterprises show significant variations in performance related to the gender composition of their boards, emphasizing the role of gender diversity.
• The findings suggest a need for policy changes to encourage greater representation of women on corporate boards for improved outcomes.