Gender Diversity in Administrative Boards and Business Performance: Current and Future Perspectives
Gender diversity is a key element in the composition of the Board of Directors. However, the literature has not reached a consensus regarding its impact on business performance. In this paper we intend to review the status of the current issue, possible gaps and future lines of research. We first structure the review of the literature based on the theoretical framework used to explain the underlying mechanisms and then analyze the observed empirical effects (positive, negative or not significant). We find that despite the abundant theoretical development, there are still some limitations and deficiencies that provide interesting opportunities to continue advancing in the understanding of the relationship between gender diversity in the Board of Directors and business performance.