Equbusiness book VERSION 28SEPT2023 - Flipbook - Page 47
The reason for this is to comply with corporate governance principles, sustainable development goals and other
legal regulations. Therefore, despite the many managerial benefits that women bring, and the majority of studies
in the literature, including this study, showing that woman board members have no significant impact on a firm's
performance, gender equality should no longer be limited to regulatory frameworks. Therefore, despite the
many managerial benefits that women bring, and the majority of studies in the literature, including this study,
showing that woman board members have no significant impact on a firm's performance, gender equality should
no longer be limited to regulatory frameworks.