Study on the influence of female executives on corporate performance

Abstract

With the gradual expansion of the team size of female executives, the influence of female on corporate performance has attracted the attention of many scholars at home and abroad. This paper takes Chinese A-share listed companies from 2008 to 2020 as the research sample to explore the influence of female executives on corporate performance and the moderating effect of enterprise scale on this influence. The study shows that increasing the proportion of female executives has a positive effect on corporate performance, but the expansion of enterprise scale has a weakening effect on the positive effect. When the enterprise scale reaches a certain degree, the partial effect of the proportion of female executives on corporate performance turns from positive to negative. This paper provides new empirical evidence for relevant theoretical research, and has certain guiding significance for optimizing the allocation of corporate executive team, bringing female executives’ superiority into full play, so as to improve corporate performance and promote the high-quality development of enterprises.