Ferraz, Duarte PittaLopes, Ilídio TomásSampaio, Joelson OliveiraGill, Navjeet2018-05-112018-05-112018-01-16http://hdl.handle.net/10362/36552This empirical research examines the relationship between board’s diversity and firm performance, providing a comprehensive quantitative analysis between diversity factors (demographic - gender and race, cognitive - age, education, role and network) and financial factors (ROA, ROE, ROIC, asset turnover and current ratio) in the component companies of the FTSE 100 index. The dataset also includes a wide array of information about 1053 board members. The results indicate that a diverse board positively impacts ROA, ROIC, asset turnover and current ratio but were insignificant for ROE. It proves that diversity leads to better social reputation, performance and financial performance.engCorporate governanceGender diversityRacial diversityBoard of directorsFTSE100Demographic diversityCognitive diversityUnited Kingdommaster thesis201861747