dc.description.abstract | Picture on the business case in finance for gender of CEOs, the thesis
reviewed whether CEO gender has a positive or negative impact on firm performance,
then making comparison between female CEO firms and male CEO firms, based on
evidence from Vietnam stock market. This current study used secondary data on 77
listed firms observed from 2010 to 2015, of which 41 CEO female firms and 36 CEO
male firms. Of these firms, almost 53.3% have at least one woman in the boardroom.
In order to investigate the impact of board gender diversity on firm performance,
using EPS, ROA, and ROE financial ratios to evaluate for firm performance, as well
as some control variables relation to characteristics of CEOs such as CEO age, CEO
education, and characteristics of BOD including board size, independent member on
board of directors, dual position of CEOs. Findings showed that there was no
difference from firm performance of female CEO firms and male CEO firms on
Vietnam stock market. Besides, CEO age, board size had positively impact on firm
performance. Others CEO education, independent member and dual position had no
significant effect on firm performance.
Keywords: Firm performance, CEO gender, characteristics of CEOs,
characteristics of BOD, Vietnam stock market. | en_US |