Do Women Enhance Intellectual Capital?

Abstract

We show that women directors have a significant positive impact on intellectual capital among the 153 publicly listed companies in Nigeria. The study covers 10 years (2013-2022). A mixed method, majorly consisting of content analysis was used to collect data. The data was analysed by the use of descriptive statistics, Pearson correlations, and multiple regression analysis. The results show that women directors have a positive significant effect on intellectual capital. However, while firm size, firm profitability, and firm liquidity show significance, firm growth, and firm leverage fail to show significance. Our R 2 was 74.31 percent, suggesting the need to improve the study model. This may be possible by way of increasing the number of observations or including similar countries. The results of this study are limited to emerging countries like Nigeria. Our results provide new evidence that women directors do influence a firm's intellectual capital efficiency. INTELLECTUAL CAPITAL (IC) IS AN ECONOMICALLY relevant and prevalent phenomenon in modern organizations. In recent years, intellectual capital has gained attention from scholars, industries, policymakers, and corporate circles