“…This relationship is inconclusive because of mixed findings such as positive, negative, non-linear or no relationship. Studies that report of a positive association between gender diversity and firm performance explain it in terms of women having greater analytical skills and their ability to coordinate activities with much greater ease than men while upholding company values and strategy (Heskett, 2015;Ali et al, 2021;Meah et al, 2021;Simeonescu et al, 2021;Nyeadi et al, 2021;Awan and Raza, 2022). Those that report of negative or insignificant relationship between gender diversity and firm performance mostly adduce it to the "reduced powers of female directors on corporate boards", for example, by not making them serve on any advisory or monitoring committees (Zalata et al, 2019b), which often culminates in a weaker monitoring and advisory role (Alshirah et al, 2022;Post and Byron, 2014;Vuong, 2021;Simeonescu, 2021).…”