董事會為公司中制定決策與監督的最高機構，為有助於公司決策制定及有效監督，董事會的成員需要擁有多方面知識與經驗。現代的女性在治理階層日益受到重視，女性被認為能提供更好的監督功能，帶來更好的公司治理。因此，本研究以2008年到2018年間中國大陸上市公司為研究對象(排除金融業)，利用縱橫資料(Panel Data)建立迴歸模型，探討董事會多樣性、女性董事對公司績效之影響。研究結果顯示：中國的女性董事對於公司績效有正向的影響。納入女性董事考量，具會計及人力資源背景之董事有助於提升公司績效；然而，董事背景為資訊、行政、管理及學術專業，納入女性董事，則由正轉變為負向顯著關係；顯示女性董事在這些方面領域相對無法給予積極正面影響。
The board of directors is the highest mechanism in the company to make decisions and supervise, and its members need to have a wide range of knowledge and experience to facilitate decision-making and effective supervision of the company. Modern women are increasingly valued in governance, and women are considered to be able to provide better oversight and lead to better corporate governance. Therefore, this study Chinese mainland listed companies between 2008 and 2018 as the research object (excluding the financial industry), using the Cross-Section Data (Panel Data) to establish a regression model to explore the diversity of boards, the impact of female directors on the company’s performance. The results show that women directors in China have a positive influence on company performance. Incorporating female directors into account, directors with an accounting and human resources background can help improve the company's performance, however, the inclusion of directors in the information, administration, management and academic professions, from positive to negative to significant relationships, shows that female directors are relatively unable to give a positive impact in these areas.
