[
Abdullah, S., & Ismail, K. (2013). Gender, ethnic and age diversity of the boards of large Malaysian firms and performance. Jurnal Pengurusan, 38, 27-40.
]Search in Google Scholar
[
Abidin, Z. Z., Kamal, N. M., & Jusoff, K. (2009). Board structure and corporate performance in Malaysia. International journal of economics and finance, 1(1), 150-164.
]Search in Google Scholar
[
Adams, R. B., & Ferreira, D. (2009). Women in the boardroom and their impact on governance and performance. Journal of financial economics, 94(2), 291-309.
]Search in Google Scholar
[
Akileng, G., Nzibonera, E., & Kobumanzi, D. (2019). Board attributes and financial performance of listed firms in Uganda. Research Journal of Finance and Accounting, 10(14), 30-44.
]Search in Google Scholar
[
Al-Faryan, M. A. (2021). The effect of board composition and managerial pay on Saudi firm performance. Review of Quantitative Finance and Accounting, 57(2), 693-758.
]Search in Google Scholar
[
Ali, M., Ng, Y. L., & Kulik, C. T. (2014). Board age and gender diversity: A test of competing linear and curvilinear predictions. Journal of Business Ethics, 125(3), 497-512. Retrieved from https://eprints.qut.edu.au/63826/
]Search in Google Scholar
[
Arenas-Torres, F., Bustamante-Ubilla, M., & Campos-Troncoso, R. (2021). Diversity of the Board of Directors and Financial Performance of the Firms. Sustainability, 13(21). doi:https://doi.org/10.3390/su132111687
]Search in Google Scholar
[
Arora, A., & Sharma, C. (2015). Impact of firm performance on board characteristics: Empirical evidence from India. IIM Kozhikode Society & Management Review, 4(1), 53-70.
]Search in Google Scholar
[
Arvanitis, S. E., Varouchas, E. G., & Agiomirgianakis, G. M. (2022). Does Board Gender Diversity Really Improve Firm Performance? Evidence from Greek Listed Firms. Journal of Risk and Financial Management, 15(7), 1-19.
]Search in Google Scholar
[
Barrett, A. (2017). Age Diversity Within Boards of Directors of the S&P 500 Companies. Investor Responsibility Research Center Institute.
]Search in Google Scholar
[
Bathula, H. (2008). Board characteristics and firm performance: Evidence from New Zealand . Auckland University of Technology.
]Search in Google Scholar
[
Bernile, G., Bhagwat, V., & Yonker, S. (2018). Board diversity, firm risk, and corporate policies. Journal of financial economics, 127(3), 588-612.
]Search in Google Scholar
[
Bezemer, P.-J., Peij, S., de Kruijs, L., & Maassen, G. (2014). How two-tier boards can be more effective. Corporate Governance, 14(1), 15-31. doi: https://doi.org/10.1108/CG-02-2013-0018
]Search in Google Scholar
[
Chen, L. H., Gramlich, J., & Houser, K. A. (2019). The effects of board gender diversity on a firm’s risk strategies. Accounting & Finance, 59(2), 991-1031.
]Search in Google Scholar
[
Chijoke-Mgbame, A. M., Boateng, A., & Mgbame, C. O. (2020). Board gender diversity, audit committee and financial performance: evidence from Nigeria. Accounting Forum, 44(3), 262-286.
]Search in Google Scholar
[
Dagsson, S., & Larsson, E. (2011). How age diversity on the Board of Directors affects Firm Performance.
]Search in Google Scholar
[
Darmadi, S. (2011). Board diversity and firm performance: The Indonesian evidence. Corporate ownership and control, 8, 524-539. Retrieved from https://mpra.ub.unimuenchen.de/38721/
]Search in Google Scholar
[
Fauzi, F., & Stuart, L. (2012). Board structure, ownership structure and firm performance: A study of New Zealand listed-firms. Asian Academy of Management Journal of Accounting and Finance, 8(2), 43-67.
]Search in Google Scholar
[
Fernández-Temprano, M. A., & Tejerina-Gaite, F. (2020). Types of director, board diversity and firm performance. Corporate Governance: The International Journal of Business in Society, 20(2), 324-342.
]Search in Google Scholar
[
Ferrero-Ferrero, I., Fernández-Izquierdo, M. Á., & Muñoz-Torres, M. J. (2015). Age diversity: An empirical study in the board of directors . Cybernetics and Systems, 46(3-4), 249-270.
]Search in Google Scholar
[
Francis, B. B., Hasan, I., & Wu, Q. (2012). Do corporate boards affect firm performance? New evidence from the financial crisis. Bank of Finland Research Discussion Paper, 11. Retrieved from http://hdl.handle.net/10419/212214
]Search in Google Scholar
[
Fuzi, S., Halim, S., & Julizaerma, M. (2016). Board independence and firm performance. Procedia Economics and Finance, 37, 460-465.
]Search in Google Scholar
[
Goel, A., Dhiman, R., Rana, S., & Srivastava, V. (2022). Board composition and firm performance: empirical evidence from Indian companies. Asia-Pacific Journal of Business Administration, ahead-of-print. doi:https://doi.org/10.1108/APJBA-09-2021-0483
]Search in Google Scholar
[
Gordon, J. N. (2007). The rise of independent directors in the United States, 1950-2005: Of shareholder value and stock market prices. Stanford law review, 1465-1568.
]Search in Google Scholar
[
Green, C. P., & Homroy, S. (2018). Female directors, board committees and firm performance. European Economic Review, 102, 19-38.
]Search in Google Scholar
[
Guest, P. (2009). The impact of board size on firm performance: evidence from the UK. The European Journal of Finance, 15(4), 385-404.
]Search in Google Scholar
[
Guizani, M., & Abdalkrim, G. (2021). Board gender diversity, financial decisions and free cash flow: empirical evidence from Malaysia. Management Research Review, 45(2), 198-216.
]Search in Google Scholar
[
Harjoto, M., Laksmana, I., & Lee, R. (2015). Board Diversity and Corporate Social Responsibility. Journal of Business Ethics, 132(4), 641-660.
]Search in Google Scholar
[
Ilaboya, O. J., & Obaretin, O. (2015). Board characteristics and firm performance: Evidence from Nigerian quoted companies. Academic Journal of Interdisciplinary Studies, 4(1), 283-290.
]Search in Google Scholar
[
Janahi, M., Millo, Y., & Voulgaris, G. (2022). Age diversity and the monitoring role of corporate boards: Evidence from banks. Human Relations. doi:https://doi.org/10.1177/00187267221108729
]Search in Google Scholar
[
Jizi, M. I., & Nehme, R. (2017). Board gender diversity and firms’ equity risk. Equality, Diversity and Inclusion: An International Journal, 36(7), 590-606.
]Search in Google Scholar
[
John, J. S., Sudiono, R. R., Haryono, L., & Adelina, Y. E. (2020). The Diversity of Board of Directors Characteristics and Firm Value. Journal of Applied Accounting and Taxation, 5(2), 233-245.
]Search in Google Scholar
[
Kagzi, M., & Guha, M. (2018). Does board demographic diversity influence firm performance? Evidence from Indian-knowledge intensive firms. Benchmarking: An International Journal. doi:https://doi.org/10.1108/BIJ-07-2017-0203
]Search in Google Scholar
[
Kalsie, A., & Shrivastav, S. M. (2016). Analysis of board size and firm performance: evidence from NSE companies using panel data approach. Indian Journal of Corporate Governance, 9(2), 148-172.
]Search in Google Scholar
[
Kao, M. F., Hodgkinson, L., & Jaafar, A. (2018). Ownership structure, board of directors and firm performance: evidence from Taiwan. Corporate Governance: The International Journal of Business in Society, 19(1), 189-216.
]Search in Google Scholar
[
Kean, F. R. (2003). A blueprint for corporate governance: strategy, accountability, and the preservation of shareholder value. New York: Amacom.
]Search in Google Scholar
[
Khatib, S. F., Abdullah, D. F., Elamer, A., Yahaya, I. S., & Owusu, A. (2021). Global trends in board diversity research: A bibliometric view. Meditari Accountancy Research.
]Search in Google Scholar
[
Kılıç, M., & Kuzey, C. (2016). The effect of board gender diversity on firm performance: evidence from Turkey. Gender in management: An international journal, 31(7), 434-455. Retrieved from http://dx.doi.org/10.1108/GM-10-2015-0088
]Search in Google Scholar
[
Lee-Hwei Khaw, K., & Liao, J. (2018). Board gender diversity and its risk monitoring role: Is it significant. Asian Academy of Management Journal of Accounting and Finance, 14(1), 83–106.
]Search in Google Scholar
[
Mallin, C. (2019). Corporate Governance (6th ed.). Oxford: Oxford University Press.
]Search in Google Scholar
[
Mastella, M., Vancin, D., Perlin, M., & Kirch, G. (2021). Board gender diversity: performance and risk of Brazilian firms. Gender in Management: An International Journal, 36(4), 498-518.
]Search in Google Scholar
[
McCann, M. (2016). Board composition and diversification decisions of UK listed companies: a panel data analysis. International Journal of Business Governance and Ethics, 11(4), 267-289.
]Search in Google Scholar
[
Midavaine, J., Dolfsma, W., & Aalbers, R. (2016). Board diversity and R & D investment. Management Decision, 54(3), 558 - 569.
]Search in Google Scholar
[
Minciullo, M. (2019). Corporate Governance and Sustainability The Role of the Board of Directors. London: Palgrave Macmillan Cha. doi:https://doi.org/10.1007/978-3-030-18885-6
]Search in Google Scholar
[
Mishra, S. (2020). Do independent directors improve firm performance? Evidence from India. Global Business Review .
]Search in Google Scholar
[
Mohamada, Z. Z., Bakarb, J. A., Razakc, R. A., & Badaruddind, M. N. (2017). Diversity in boardroom and firm value in Malaysia. Proceeding of ICARBSS, 255-262.
]Search in Google Scholar
[
Nadeem, M., Suleman, T., & Ahmed, A. (2019). Women on boards, firm risk and the profitability nexus: Does gender diversity moderate the risk and return relationship? International Review of Economics & Finance, 64, 427-442.
]Search in Google Scholar
[
Nakano, M., & Nguyen, P. (2012). Board size and corporate risk taking: further evidence from Japan. Corporate Governance: An International Review, 20(4), 369-387.
]Search in Google Scholar
[
New York Stock Exchange, I. E. (2014). NYSE: Corporate Governance Guide. London: White Page Ltd.
]Search in Google Scholar
[
Ongore, V. O., K’OBONYO, P. O., Ogutu, M., & Bosire, E. M. (2015). Board composition and financial performance: Empirical analysis of companies listed at the Nairobi Securities Exchange. International Journal of Economics and Financial Issues, 5(1), 23-43.
]Search in Google Scholar
[
Pucheta-Martínez, M. C., & Gallego-Álvarez, I. (2020). Do board characteristics drive firm performance? An international perspective. Review of Managerial Science, 14(6), 1251-1297.
]Search in Google Scholar
[
Pugliese, A., Bezemer, P. J., Zattoni, A., Huse, M., Van den Bosch, F. A., & Volberda, H. W. (2009). Boards of directors’ contribution to strategy: A literature review and research agenda. Corporate Governance: An International Review, 17(3), 292-306.
]Search in Google Scholar
[
Qayyum, A., Rehman, I. U., Shahzad, F., Khan, N., Nawaz, F., Kokkalis, P., & Sergi, B. S. (2021). Board gender diversity and stock price crash risk: Going beyond tokenism. Borsa Istanbul Review, 21(3), 269-280.
]Search in Google Scholar
[
Rahman, H. U., & Zahid, M. (2021). Women Directors and Corporate Performance: Firm size and board monitoring as the least focused factors. Gender in Management: An International Journa, 36(5), 605-621.
]Search in Google Scholar
[
Simionescu, L. N., Gherghina, Ş. C., Tawil, H., & Sheikha, Z. (2021). Does board gender diversity affect firm performance? Empirical evidence from Standard & Poor’s 500 Information Technology Sector. Financial Innovation, 7(1), 1-45.
]Search in Google Scholar
[
Talavera, O. Y. (2018). Age diversity, directors’ personal values, and bank performance. International Review of Financial Analysis, 55, 60-79.
]Search in Google Scholar
[
Terjesen, S., Couto, E. B., & Francisco, P. M. (2016 ). Does the presence of independent and female directors impact firm performance? A multi-country study of board diversity. Journal of Management & Governance, 20(3), 447-483.
]Search in Google Scholar
[
Topak, M. S. (2011). The effect of board size on firm performance: Evidence from Turkey. Middle Eastern Finance and Economics, 14(1), 118-127.
]Search in Google Scholar
[
Ullah, I., Fang, H., & Jebran, K. (2019). Do gender diversity and CEO gender enhance firm’s value? Evidence from an emerging economy. Corporate Governance: International Journal of Business in Society, 20(1), 44-66.
]Search in Google Scholar
[
Wang, Y. H. (2020). Does board gender diversity bring better financial and governance performances? An empirical investigation of cases in Taiwan. Sustainability, 12(8). doi:https://doi.org/10.3390/su12083205
]Search in Google Scholar
[
Wellalage, N. H., & Locke, S. (2013). Corporate governance, board diversity and firm financial performance: new evidence from Sri Lanka. International Journal of Business Governance and Ethics, 8(2), 116-136.
]Search in Google Scholar
[
Yan, C. C., Hui, Y. Z., & Xin, L. (2021). The relationship between board size and firm performance. E3S Web of Conferences, 257.
]Search in Google Scholar
[
doi:https://doi.org/10.1051/e3sconf/202125702079
]Search in Google Scholar
[
Ye, D., Deng, J., Liu, Y., Szewczyk, S. H., & Chen, X. (2019). Does board gender diversity increase dividend payouts? Analysis of global evidence. Journal of Corporate Finance, 58, 1-26.
]Search in Google Scholar
[
Zhang, L. (2012). Board demographic diversity, independence, and corporate social performance. Corporate Governance: The international journal of business in society., 12(5), 686-700.
]Search in Google Scholar
[
Раденковић - Јоцић, Д., & Секулић, В. (2020). Корпоративно управљање. Ниш: Економски факултет Универзитета у Нишу.
]Search in Google Scholar
[
https://www.paragraf.rs/propisi/zakon_o_privrednim_drustvima.html, accessed: 14.08.2022.
]Search in Google Scholar
[
https://pretraga2.apr.gov.rs/unifiedentitysearch, accessed: 02.08.2022.
]Search in Google Scholar