Corporate Board Diversity And State Owned Enterprises Performance In Zimbabwe’s (2011-2015)

ABSTRACT This paper examines the associations between diversity of board members and financial performance of State Owned Enterprises in Zimbabwe (SOEs). Three demographic characteristics of board members, gender, cultural/nationality, and age were used as the proxies for diversity. The study used a positivism philosophy was used and being anchored on the quantitative research design. A survey of 54 SOEs were sampled to include 114directors in the SOEs sector. This study found out that both accounting and market performance have significant negative associations with gender diversity. Nationa…