أثر عضوية المرأة في مجلس الإدارة على الأداء المالي للشركات المساهمة السعودية: دراسة تطبيقية

Abstract EN

This study aimed at identifying the impact of women’s membership in the board of directors on the financial performance of Saudi joint-stock companies, by applying to a sample of (13) Saudi joint-stock companies during the period (2014 – 2019).

the data were analyzed using (SPSS V.27) program.

the study findings showed that the sample companies witnessed an increase in the percentage of women’s membership in the board of directors during the study period.

the average percentage of women’s membership in the board of directors of the sample companies leaped from (1.95%) in 2014 to (10.86%) in 2019.

the study also showed a statistically significant impact of women's membership in the board of directors on the financial performance of Saudi joint-stock companies, as measured by return on assets, return on equity, earning per share, and Tobin's q.

moreover, the findings showed a weak inverse correlation with a statistical significance between women's membership in the board of directors and the financial performance of the sample companies.

the study recommends that it is necessary to raise awareness of the importance of gender diversity in the board of directors of Saudi joint-stock companies, which will diversify and expand ideas and perspectives in board meetings, to achieve the goals of Saudi vision 2030 with regard to empowering women and activating their contribution to economic development.

the concerned authorities such as the capital market authority and women’s empowerment agency should organize training courses and workshops that contribute to the rehabilitation of women and provide them with the basic skills to assume a membership and chairmanship of the board of directors in Saudi joint-stock companies.