Board gender diversity is considered crucial for value-creating boards (Huse, Citation 2018). In recent years, there has been an increasing emphasis on gender diversity on corporate boards (Ararat & Yurtoglu, Citation 2021; Dezsö & Ross, Citation 2012). Accordingly, since 2005, regulators in different Union European countries have implemented.. Research on gender diversity on corporate boards (board gender diversity) is a topical subject that continues to attract considerable research attention. Women directors are under-represented and in response, several countries have enacted the gender quota legislation to mandate appointment of women directors on corporate boards. An increase in.

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Women held 25.8% of board seats at large- and mid-cap companies, up from 24.5% in 2022, but growth slowed compared to previous years. Only 9.1% of board-chair roles were held by women. Although still very low, this percentage has more than doubled since 2019. Boards were more diverse than executive suites, both in terms of gender and ethnicity.. This paper examines whether gender diversity (GD) on corporate boards influences financial performance (FP) of Indian firms using System Generalized Methods of Moments (GMM) methods by considering panel data of 364 firms during 2017 to 2021, comprising of 1820 firm-year observations. The study reveals that the mere presence of a woman director (WD) on boards makes no difference in financial.