“…In another development, literature has also provided non-existence of relationship between gender diversity and performance in both developed countries and developing countries (Carter, D'Souza, Simkins, & Simpson, 2010;Zemzem & Kacem, 2014;Alm & Winber, 2016;Garanina & Kaikova, 2016;Sila et al, 2016). Again, it was equally shown that research on women directorship in relation to corporate value creation in developing country like Iraq is not specifically addressed by the literature, as most previous studies only focused on the -122 -© 2018 Prague Development Center association between family ownership and the number of female directors (Moulin & Point, 2012;Nekhili & Gatfaoui, 2013).…”