Board gender diversity and business performance: Understanding and completing the narrative

Assoc Prof Lawrence Loh, Director of the Centre for Governance, Institutions and Organisations (CGIO) at NUS Business School shared the findings of a five-year pooled study of Singapore’s listed companies conducted by CGIO, which established that board gender diversity has an indirect impact on financial performance through corporate governance. The study also looked at the influence of women directors on corporate governance. Assoc Prof Loh opined that the case for board gender diversity has to be business-rooted and inclusion has to be achieved not by default, but by design.