The Impact of Gender Diversity in Top Management on Firm Performance

This paper provides a comprehensive systematic literature review of the existing research on the impact of gender diversity in top management team on firm financial and non-financial performance. This paper summarizes the studies on the impact of gender diversity in TMT on performance through a systematic literature review. Firstly, this paper present the theoretical basis used to describe the relationship between them, and highlight the significance of the complexity perspective to address the limitation of measuring firm financial performance intently as a function of gender diversity in top management team from a singular theoretical perspective. Further, this paper review empirical literature on the relationship between gender diversity in top management team and corporate financial and non-financial performance, and discussed both positive and negative impacts in financial performance. Finally, based on the results of literature review, this paper present the conclusion and future research recommendations.