Effect of Board Diversity on the Financial Performance of Insurance Companies in Kenya

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Board diversity significantly improves financial performance in insurance companies in Kenya, enhancing overall governance.
The regression analysis yielded a p-value of .001, indicating strong statistical significance for board diversity's impact.
Using stratified random sampling, a total of 211 insurance employees were surveyed through questionnaires to gather primary data.
Emphasis on corporate governance practices is crucial, as the study demonstrates their link to financial success in the insurance sector.

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Descriptive analysis reveals positive effects of board diversity on financial performance, indicating governance improvements are needed.

John Ogwang (2025) studied this question.

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