Despite a conventional wisdom that female board members positively impact firm performance, a thorough examination of the research to date reveals no consensus that female board members have either a positive or negative effect on firm performance. We build the largest dataset of Australian...

A growing literature is investigating the nature and size of the disparities in the performance of firms led by men and women. The extant literature in this regard is inconclusive and provides support for both the women's under-performance hypothesis and the superior performance of women-led...