Research on financial performance of female-led companies in pharmaceutical sector

Abstract

The issue of gender equality is increasingly being raised in today’s world. It can be seen on social media, media, politics and other areas. Corporate governance is no exception - this topic is also relevant here. To ensure equal opportunities in companies, working groups and committees are being set up, various policies and procedures are being prepared, and longterm programs aimed at reducing social exclusion and discrimination are becoming the goal of most states and unions. However, despite all efforts, it is noticeable that in the management of most large organizations, among board members and directors, male executives predominate rather than female executives. The aim of the scientific article is to investigate whether the involvement of women in corporate governance affects their financial results. Mathematical-statistical methods of data analysis are used for empirical research: correlation, regression analyzes. In the course of the research, financial data of companies, financial indicators and the percentage of the number of women on the board of companies are used in companies operating in the pharmaceutical sector.