Does Gender Diversity Improve Firm Performance: Evidence From India

Abstract

The relationship between gender diversity and firm performance has been the subject of research inquiry for over three decades now. However, if businesses were to turn to this body of literature for insights to drive their hiring practices, they would be hard-pressed to find conclusive evidence1 on what to do. While some studies say that fostering gender diversity improves firm outcomes, others claim the opposite is true. Yet another set of studies find that there is no significant link between gender diversity and organizational performance.