CURRENT ISSUE

Volume-X

, Issue-IV

(FALL 2025)



01 - Role of Gender Diversity in Explaining Financial Distress: A Dynamic Panel Data ...

http://dx.doi.org/10.31703/gmsr.2025(X-IV).01
10.31703/gmsr.2025(X-IV).01      Published : Dec 2025

    The purpose of the paper is to examine how board gender diversity can be used to explain financial distress over the span of 9 years, from 2013 to 2021, using a sample of 58 non-financial companies listed publicly on the Pakistani equity market. The study employs the dynamic generalized method of moment estimator, using the Altman Z-score model as a proxy for financial distress, where a higher Z-s... Details
    Financial Distress, Gender Diversity, Board characteristics
    (1) Fahim Ullah Khan
    M.Phil Scholar, Department of Business Studies, Pakistan Institute of Development Economics, Islamabad, Pakistan.
    (2) Luqman Khan
    Ph.D Scholar, Department of Management Sciences, Islamia College Peshawar, K, Pakistan.