Erhardt, Niclas L.; Werbel, James D.; Shrader, Charles B. - In: Corporate Governance: An International Review 11 (2003) 2, pp. 102-111
This study examines the relationship between demographic diversity on boards of directors with firm financial performance. This relationship is examined using 1993 and 1998 financial performance data (return on asset and investment) and the percentage of women and minorities on boards of...