Writing 1 chapter which is: Data Analysis, Results and Discussion chapter.
Referencing style: Harvard.
Data: FTSE 100 Companies list as at 30th June 2019
Data period to collect: 2009 to 2018
Research question: Does board director diversity impact firm performance?
Research area: FTSE 100 companies as at 30th June 2019, for the last 10 years. See attached document for list of FTSE100 Companies.
Visual: Graphs and tables too please
State: Source of data collection
Underlying theory: Corporate governance theory, Agency, Resource dependency, Human Capital Theory and Critical Mass Theory.
Dependent variables: ROA and Net Income
Independent variables: No. of female directors on board, Total no. of directors, No. of female ethnic minority or nationality directors, Total no. of ethnic minority or nationality directors, No. of female NED directors, Total no. of NED directors, Director Age, Director education level, Director Tenure, Director salary, Company age.
Control variable: Total no. of directors, Total Assets. Board size.
Control variables: Debt capital and Market Capitalisation
Alternative Proxy: either Tobin’s Q or ROE
Using all FTSE 100 companies over a 10 year period from sites Thomas Reuters / Orbis etc… Will require collecting, analysing data with the usual statistical descriptive, correlation and regression and then also writing up results. Please also use multicollinear analysis.
The research questions for this paper are therefore:
1) Does an increase in female board of directors positively impact on a Company’s financial performance? – A case study of FTSE 100 companies.
2) Does an increase in female ethnic minority or Nationality directors positively impact on a Company’s financial performance? – A case study of FTSE 100 companies.
Hypothesis 1: Women directors on the board positively impact firm performance – FTSE 100
Hypothesis 2 Ethnic or Nationality women directors on the board positively impact on firm performance – FTSE 100
Hypothesis 3: Women NEDs positively impact on firm performance – FTSE 100
Hypothesis 4: Ethnic or Nationality women NEDs positively impact on firm performance – FTSE 100
Hypothesis 5: Boards with an at least 30% critical mass of women directors positively impact on firm performance – FTSE 100
Hypothesis 6: Boards with an at least 30% critical mass of NED women directors positively impact on firm performance – FTSE 100
When doing analysis to other researchers please also include Carter 2010, McCann and Wheeler 2011, Rose 2007, Taljaard et al., 2015, Hassan et al., 2017.
Writing style: Harvard referencing