IMPACT OF DIRECTORS AGE AND GENDER ON FIRMS’ PERFORMANCE: A CASE OF NON-FINANCIAL FIRMS LISTED ON PAKISTAN STOCK EXCHANGE


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Article type :

1

Author :

Faiz Ur Rehman Dr. Akmal Shahzad Butt

Volume :

2

Issue :

4

Abstract :

This research was taken to comprehend any relation between director age (DA), firm performance (FP) and board diversity (BD). The research was taken on non-financial firms listed on PSX. Data was collected from 136 firms and 637 observations from the period of 2018-2022. Panel data and random effect model techniques were used to analyze data. The findings showed a significant relation among DA, BD and FP in non-financial firms. Person correlation revealed significant relationship between FP, DA and DB, as well as a negative relationship between DA and BD. The conclusion and future research form the last part of the paper.  

Keyword :

Keywords: Non-financial firms, gender diversity, PSX, firm performance, director, age