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Research Article

Building Resilience: How Board Gender Diversity and Top Executive Gender Affect Company Leverage

Valdonė Darškuvienė, Doctor of Social Sciences, Professor — ISM University of Management and Economics
Roberta Miliūnė — Citco Lietuva
Siuzana Ščerbina-Dalibagienė, Doctor of Social Sciences — ISM University of Management and Economics

Abstract

The study examines the association between board gender diversity, top executive gender and financial leverage as a source of financial flexibility to support building company resilience in anticipation of crises and downturns. The study is based on listed companies in the Nordics and Baltics.

Keywords

boardgender diversityCEOleverageresilience

Cite this article

Darškuvienė, V., Miliūnė, R., & Ščerbina-Dalibagienė, S. (2025). Building Resilience: How Board Gender Diversity and Top Executive Gender Affect Company Leverage. Management of Organizations: Systematic Research, 94(1), 67–82. https://doi.org/10.2478/mosr-2025-0011

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